Primorus Investments (LON:PRIM) Stock Price Down 7.6% – Should You Sell?

Primorus Investments plc (LON:PRIM) dropped 7.6% on Wednesday . The stock traded as low as GBX 3.20 and last traded at GBX 3.33. Approximately 97,281 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 141,483 shares. The stock had previously closed at GBX 3.60.

Primorus Investments Stock Performance

The stock has a fifty day moving average of GBX 3.93 and a 200-day moving average of GBX 3.92. The company has a market cap of £4.16 million, a PE ratio of 0.00 and a beta of 0.96.

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. The firm seeks to take majority stakes in its portfolio companies. Primorus Investments plc was incorporated in 1999 and is based in London, United Kingdom.