Argentex Group PLC (LON:AGFX – Get Free Report) rose 6.3% on Tuesday . The stock traded as high as GBX 49 ($0.62) and last traded at GBX 48.90 ($0.62). Approximately 310,957 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 1,147,676 shares. The stock had previously closed at GBX 46 ($0.58).
Argentex Group Price Performance
The stock’s 50 day simple moving average is GBX 34.68 and its 200-day simple moving average is GBX 33.17. The company has a market capitalization of £58.84 million, a PE ratio of 5.93 and a beta of 1.20.
Insiders Place Their Bets
In other news, insider Nigel Railton acquired 693,000 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of GBX 31 ($0.39) per share, with a total value of £214,830 ($271,010.47). Insiders own 24.75% of the company’s stock.
Argentex Group Company Profile
As global payment and currency risk management specialists, we offer bespoke services alongside market leading technology for businesses and financial institutions. When choosing Argentex, you will benefit from competitive rates, tailored risk management solutions and the certainty that your organisation is in safe hands.
Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands, Australia and the UAE.
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