Primorus Investments (LON:PRIM) Shares Down 8.6% – Here’s Why

Primorus Investments plc (LON:PRIMGet Free Report)’s share price was down 8.6% during trading on Friday . The stock traded as low as GBX 3.34 ($0.04) and last traded at GBX 3.34 ($0.04). Approximately 67,690 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 177,805 shares. The stock had previously closed at GBX 3.65 ($0.05).

Primorus Investments Price Performance

The company has a 50-day moving average of GBX 3.50 and a two-hundred day moving average of GBX 3.63. The stock has a market capitalization of £5.10 million, a PE ratio of 5.51 and a beta of 0.96.

Insider Transactions at Primorus Investments

In other news, insider Hedley Clark bought 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, with a total value of £4,000 ($5,177.32). Insiders own 46.61% of the company’s stock.

About Primorus Investments

(Get Free Report)

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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