Primorus Investments (LON:PRIM) Stock Price Down 9.6% – Time to Sell?

Shares of Primorus Investments plc (LON:PRIMGet Free Report) fell 9.6% on Wednesday . The stock traded as low as GBX 3.26 ($0.04) and last traded at GBX 3.26 ($0.04). Approximately 92,704 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 229,121 shares. The stock had previously closed at GBX 3.60 ($0.05).

Primorus Investments Price Performance

The stock has a market cap of £5.03 million, a P/E ratio of 5.43 and a beta of 0.96. The firm’s 50-day moving average price is GBX 3.70 and its 200-day moving average price is GBX 3.56.

Insider Buying and Selling at Primorus Investments

In other news, insider Hedley Clark acquired 100,000 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £4,000 ($5,046.05). Insiders own 46.61% of the company’s stock.

About Primorus Investments

(Get Free Report)

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.

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