Argentex Group (LON:AGFX) Posts Earnings Results

Argentex Group (LON:AGFX) issued its quarterly earnings results on Wednesday. The company reported GBX (1.30) (($0.02)) earnings per share for the quarter, Digital Look Earnings reports. Argentex Group had a return on equity of 34.38% and a net margin of 17.07%.

Argentex Group Stock Performance

Shares of LON AGFX opened at GBX 45.38 ($0.59) on Friday. The stock has a fifty day moving average price of GBX 40.48 and a two-hundred day moving average price of GBX 34.85. The firm has a market cap of £55.84 million, a P/E ratio of 5.62 and a beta of 1.20. Argentex Group has a 1 year low of GBX 26 ($0.34) and a 1 year high of GBX 56 ($0.73).

Insider Activity

In related news, insider James Ormonde purchased 320,338 shares of the company’s stock in a transaction dated Wednesday, April 2nd. The shares were acquired at an average cost of GBX 47 ($0.62) per share, with a total value of £150,558.86 ($197,273.14). Insiders own 24.75% of the company’s stock.

About Argentex Group

As global payment and currency risk management specialists, we offer bespoke services alongside market leading technology for businesses and financial institutions. When choosing Argentex, you will benefit from competitive rates, tailored risk management solutions and the certainty that your organisation is in safe hands.

Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands, Australia and the UAE.