Primorus Investments (LON:PRIM) Stock Price Down 11.1% – Time to Sell?

Primorus Investments plc (LON:PRIM)’s share price fell 11.1% on Thursday . The company traded as low as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). 257 shares were traded during trading, a decline of 100% from the average session volume of 199,190 shares. The stock had previously closed at GBX 3.60 ($0.05).

Primorus Investments Trading Down 2.8 %

The firm has a market capitalization of £4.89 million, a PE ratio of 5.28 and a beta of 0.96. The business has a 50 day moving average price of GBX 3.64 and a 200-day moving average price of GBX 3.58.

Insider Transactions at Primorus Investments

In other Primorus Investments news, insider Hedley Clark bought 100,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £4,000 ($5,030.18). Company insiders own 46.61% of the company’s stock.

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.