Argo Group Limited (LON:ARGO – Get Free Report) shares fell 33.3% during mid-day trading on Friday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). 4,307,610 shares traded hands during mid-day trading, an increase of 2,687% from the average session volume of 154,541 shares. The stock had previously closed at GBX 5.25 ($0.07).
Argo Group Trading Down 33.3 %
The company has a market capitalization of £1.36 million, a P/E ratio of -14.00 and a beta of 0.50. The company has a 50 day moving average price of GBX 4.29 and a 200 day moving average price of GBX 4.21.
Insider Transactions at Argo Group
In other Argo Group news, insider Kyriakos Rialas sold 8,768,363 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £438,418.15 ($567,091.13). 73.99% of the stock is currently owned by corporate insiders.
About Argo Group
Argo Group Limited, through its subsidiaries, engages in the investment management business. It invests in sovereign and corporate fixed income securities, distressed debt, and real estate. The company was founded in 2000 and is based in London, the United Kingdom. Argo Group Limited is a subsidiary of Lynchwood Nominees Limited.
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