Primorus Investments (LON:PRIM) Shares Cross Below 50-Day Moving Average – What’s Next?

Primorus Investments plc (LON:PRIMGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 3.62 ($0.05) and traded as low as GBX 3.27 ($0.04). Primorus Investments shares last traded at GBX 4 ($0.05), with a volume of 276,823 shares changing hands.

Primorus Investments Price Performance

The stock’s fifty day moving average is GBX 3.60 and its 200-day moving average is GBX 3.60. The stock has a market cap of £4.47 million, a PE ratio of 4.83 and a beta of 0.96.

Insider Activity at Primorus Investments

In related news, insider Hedley Clark bought 100,000 shares of the firm’s stock in a transaction on Friday, January 17th. The shares were bought at an average price of GBX 4 ($0.05) per share, with a total value of £4,000 ($5,168.63). 46.61% of the stock is currently owned by insiders.

Primorus Investments Company Profile

(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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