Primorus Investments (LON:PRIM) Shares Break Above Two Hundred Day Moving Average – Here’s What Happened

Primorus Investments plc (LON:PRIM)’s stock price passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 3.63 and traded as high as GBX 3.70. Primorus Investments shares last traded at GBX 3.70, with a volume of 85 shares.

Primorus Investments Price Performance

The business has a 50 day moving average of GBX 3.37 and a 200 day moving average of GBX 3.63. The firm has a market capitalization of £4.16 million, a price-to-earnings ratio of 3.37 and a beta of 0.36.

Primorus Investments (LON:PRIM) last released its quarterly earnings data on Tuesday, September 29th. The company reported GBX (0.11) EPS for the quarter. Primorus Investments had a net margin of 1,188.70% and a return on equity of 22.69%.

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.