Shares of Primorus Investments plc (LON:PRIM – Get Free Report) fell 9.6% during mid-day trading on Wednesday . The company traded as low as GBX 3.26 ($0.04) and last traded at GBX 3.26 ($0.04). 92,704 shares were traded during mid-day trading, a decline of 60% from the average session volume of 229,121 shares. The stock had previously closed at GBX 3.60 ($0.05).
Primorus Investments Stock Down 9.7 %
The company has a market capitalization of £4.54 million, a P/E ratio of 4.90 and a beta of 0.96. The business has a 50 day simple moving average of GBX 3.68 and a 200-day simple moving average of GBX 3.57.
Insider Buying and Selling at Primorus Investments
In related news, insider Hedley Clark acquired 100,000 shares of the business’s stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £4,000 ($5,068.42). 46.61% of the stock is currently owned by company insiders.
About Primorus Investments
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.
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