Primorus Investments (LON:PRIM) Trading Down 10% – Here’s Why

Primorus Investments plc (LON:PRIM)’s stock price dropped 10% during trading on Tuesday . The company traded as low as GBX 3.24 ($0.04) and last traded at GBX 3.24 ($0.04). Approximately 78,078 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 268,820 shares. The stock had previously closed at GBX 3.60 ($0.04).

Primorus Investments Stock Performance

The company’s 50-day moving average price is GBX 3.79 and its two-hundred day moving average price is GBX 3.56. The stock has a market cap of £4.53 million, a PE ratio of 324.00 and a beta of 0.96. The company has a debt-to-equity ratio of 1.29, a quick ratio of 4.72 and a current ratio of 27.10.

Insider Buying and Selling at Primorus Investments

In other Primorus Investments news, insider Hedley Clark purchased 100,000 shares of Primorus Investments stock in a transaction on Friday, January 17th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, for a total transaction of £4,000 ($4,943.15). Company insiders own 46.61% of the company’s stock.

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.