Primorus Investments (LON:PRIM) Stock Price Down 2.7% – Here’s What Happened

Primorus Investments plc (LON:PRIM)’s share price traded down 2.7% during mid-day trading on Monday . The company traded as low as GBX 3.21 and last traded at GBX 3.21. Approximately 91,851 shares changed hands during trading, a decline of 28% from the average session volume of 127,559 shares. The stock had previously closed at GBX 3.30.

Primorus Investments Trading Down 2.7%

The firm’s 50 day moving average price is GBX 3.71 and its 200-day moving average price is GBX 3.81. The company has a market cap of £4.00 million, a P/E ratio of 4.76 and a beta of 0.39.

Primorus Investments (LON:PRIM) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported GBX 0.67 earnings per share for the quarter. Primorus Investments had a negative net margin of 402.68% and a positive return on equity of 15.97%.

Insider Activity at Primorus Investments

In related news, insider Rupert Labrum sold 3,000,000 shares of the company’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of GBX 4, for a total value of £120,000. 47.63% of the stock is currently owned by company insiders.

Primorus Investments Company Profile

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. The firm seeks to take majority stakes in its portfolio companies. Primorus Investments plc was incorporated in 1999 and is based in London, United Kingdom.