Argo Group Limited (LON:ARGO – Get Free Report) dropped 38% during trading on Tuesday . The company traded as low as GBX 3.10 ($0.04) and last traded at GBX 3.10 ($0.04). Approximately 294,319 shares traded hands during trading, an increase of 866% from the average daily volume of 30,476 shares. The stock had previously closed at GBX 5 ($0.06).
Argo Group Price Performance
The firm has a market cap of £2.24 million, a P/E ratio of -23.00 and a beta of 0.50. The company’s 50-day simple moving average is GBX 4.45 and its 200 day simple moving average is GBX 4.45.
About Argo Group
Argo Group Limited, through its subsidiaries, engages in the investment management business. It invests in sovereign and corporate fixed income securities, distressed debt, and real estate. The company was founded in 2000 and is based in London, the United Kingdom. Argo Group Limited is a subsidiary of Lynchwood Nominees Limited.
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