Amigo (LON:AMGO) Stock Price Down 19.7% – Should You Sell?

Amigo Holdings PLC (LON:AMGO)’s share price traded down 19.7% during mid-day trading on Tuesday . The company traded as low as GBX 2.22 and last traded at GBX 2.43. 4,418,094 shares were traded during trading, a decline of 23% from the average session volume of 5,762,078 shares. The stock had previously closed at GBX 3.02.

Amigo Price Performance

The stock has a market capitalization of £25.83 million, a PE ratio of -0.13, a P/E/G ratio of 0.90 and a beta of 1.92. The company’s 50 day moving average price is GBX 1.61 and its two-hundred day moving average price is GBX 0.81.

Amigo (LON:AMGO) last released its earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share for the quarter. Amigo had a negative return on equity of 450.00% and a net margin of 17.65%. Analysts forecast that Amigo Holdings PLC will post 0.4268293 earnings per share for the current year.

Insider Buying and Selling at Amigo

In other news, insider Jonathan Roe bought 1,416,666 shares of Amigo stock in a transaction on Friday, December 19th. The shares were bought at an average cost of GBX 1 per share, with a total value of £14,166.66. Also, insider Nicholas Beal purchased 3,666,669 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was purchased at an average cost of GBX 1 per share, with a total value of £36,666.69. In the last quarter, insiders have bought 5,815,885 shares of company stock worth $5,815,885. Insiders own 32.72% of the company’s stock.

About Amigo

Amigo Holdings PLC, through its subsidiaries, provides loans to individuals in the United Kingdom and Ireland. The company also engages in trading and financing activities. Amigo Holdings PLC was founded in 2005 and is based in Bournemouth, the United Kingdom.