Primorus Investments (LON:PRIM) Trading Down 10% – What’s Next?

Primorus Investments plc (LON:PRIM) shares traded down 10% during trading on Tuesday . The stock traded as low as GBX 3.24 ($0.04) and last traded at GBX 3.24 ($0.04). 78,078 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 268,820 shares. The stock had previously closed at GBX 3.60 ($0.04).

Primorus Investments Trading Down 2.8 %

The firm has a 50-day moving average of GBX 3.78 and a 200 day moving average of GBX 3.56. The company has a current ratio of 27.10, a quick ratio of 4.72 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of £4.55 million, a price-to-earnings ratio of 325.60 and a beta of 0.96.

Insider Buying and Selling at Primorus Investments

In related news, insider Hedley Clark acquired 100,000 shares of Primorus Investments stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £4,000 ($4,978.84). 46.61% of the stock is currently owned by corporate insiders.

Primorus Investments Company Profile

Primorus Investments plc is a private equity firm specializing in buyout investments in small and mid cap firms. The firm focuses to invest in financial services, natural resources, energy, clean technology, financial technology, business technology, infrastructure, property, consultancy, brand licensing and leisure sectors.