Argo Group Limited (LON:ARGO – Get Free Report)’s share price traded down 33.3% on Friday . The stock traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). 4,307,610 shares were traded during mid-day trading, an increase of 2,687% from the average session volume of 154,541 shares. The stock had previously closed at GBX 5.25 ($0.07).
Argo Group Stock Down 33.3 %
The stock has a fifty day moving average of GBX 4.29 and a 200-day moving average of GBX 4.21. The firm has a market capitalization of £1.36 million, a P/E ratio of -14.00 and a beta of 0.50.
Insider Transactions at Argo Group
In other news, insider Kyriakos Rialas sold 8,768,363 shares of the stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of GBX 5 ($0.06), for a total transaction of £438,418.15 ($567,091.13). Company insiders own 73.99% of the company’s stock.
About Argo Group
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.
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