Primorus Investments (LON:PRIM) Shares Down 8.6% – Should You Sell?

Shares of Primorus Investments plc (LON:PRIMGet Free Report) dropped 8.6% during mid-day trading on Friday . The company traded as low as GBX 3.34 ($0.04) and last traded at GBX 3.34 ($0.04). Approximately 67,690 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 177,805 shares. The stock had previously closed at GBX 3.65 ($0.05).

Primorus Investments Stock Performance

The firm has a fifty day moving average of GBX 3.50 and a 200 day moving average of GBX 3.63. The firm has a market capitalization of £5.10 million, a PE ratio of 5.51 and a beta of 0.96.

Insider Buying and Selling at Primorus Investments

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 ($5,177.32). 46.61% of the stock is owned by corporate insiders.

About Primorus Investments

(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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