Argo Group Limited (LON:ARGO) Insider Sells £438,418.15 in Stock

Argo Group Limited (LON:ARGO) insider Kyriakos Rialas sold 8,768,363 shares of Argo Group stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of GBX 5 ($0.06), for a total value of £438,418.15 ($555,522.24).

Argo Group Price Performance

Shares of LON ARGO traded down GBX 1.75 ($0.02) during midday trading on Friday, hitting GBX 3.50 ($0.04). 4,307,610 shares of the company’s stock were exchanged, compared to its average volume of 154,541. The stock’s 50 day moving average price is GBX 4.49 and its 200-day moving average price is GBX 4.46. The firm has a market cap of £1.36 million, a P/E ratio of -14.00 and a beta of 0.50. Argo Group Limited has a twelve month low of GBX 3 ($0.04) and a twelve month high of GBX 6.96 ($0.09).

Argo Group Company Profile

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.