Primorus Investments (LON:PRIM) Shares Down 2.8% – Should You Sell?

Primorus Investments plc (LON:PRIM)’s stock price dropped 2.8% during mid-day trading on Monday . The stock traded as low as GBX 3.45 ($0.04) and last traded at GBX 3.45 ($0.04). Approximately 251,727 shares traded hands during trading, a decline of 6% from the average daily volume of 268,599 shares. The stock had previously closed at GBX 3.55 ($0.04).

Primorus Investments Trading Up 7.7 %

The company has a debt-to-equity ratio of 1.29, a current ratio of 27.10 and a quick ratio of 4.72. The firm has a market capitalization of £4.89 million, a PE ratio of 350.00 and a beta of 0.96. The company has a fifty day moving average of GBX 3.83 and a 200-day moving average of GBX 3.55.

Insider Activity

In other Primorus Investments news, insider Hedley Clark bought 100,000 shares of the stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £4,000 ($5,000.63). 46.61% of the stock is currently owned by company insiders.

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.