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

Primorus Investments plc (LON:PRIM)’s share price fell 2.7% on Monday . The stock traded as low as GBX 3.21 and last traded at GBX 3.21. Approximately 91,851 shares traded 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 Stock Down 2.7%

The stock has a market cap of £4.00 million, a price-to-earnings ratio of 4.76 and a beta of 0.39. The stock’s fifty day moving average is GBX 3.71 and its 200-day moving average is GBX 3.81.

Primorus Investments (LON:PRIM) last posted its earnings results 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 Buying and Selling

In related news, insider Rupert Labrum sold 3,000,000 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of GBX 4, for a total transaction of £120,000. Insiders own 47.63% 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. 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.