Amigo (LON:AMGO) Stock Price Down 28.9% – Here’s Why

Shares of Amigo Holdings PLC (LON:AMGO) were down 28.9% during mid-day trading on Tuesday . The stock traded as low as GBX 1.50 and last traded at GBX 1.50. Approximately 563,802 shares were traded during trading, a decline of 92% from the average daily volume of 6,828,705 shares. The stock had previously closed at GBX 2.11.

Amigo Stock Performance

The firm has a market cap of £15.98 million, a price-to-earnings ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 1.92. The company has a 50 day moving average price of GBX 1.09 and a 200 day moving average price of GBX 0.60.

Amigo (LON:AMGO) last announced its earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share (EPS) for the quarter. Amigo had a negative net margin of 438.10% and a positive return on equity of 6.73%. On average, research analysts forecast that Amigo Holdings PLC will post 0.4268293 earnings per share for the current year.

Insiders Place Their Bets

In other Amigo news, insider Jonathan Roe purchased 1,416,666 shares of the business’s stock in a transaction on Friday, December 19th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £14,166.66. Also, insider Nicholas Beal purchased 3,666,669 shares of the company’s stock in a transaction on Monday, January 5th. The stock was bought at an average price of GBX 1 per share, for a total transaction of £36,666.69. In the last quarter, insiders have purchased 5,815,885 shares of company stock valued at $5,815,885. Insiders own 32.72% of the company’s stock.

About Amigo

Amigo Holdings PLC, through its subsidiaries, provides loans to individuals in the United Kingdom and Ireland. The company also engages in trading and financing activities. Amigo Holdings PLC was founded in 2005 and is based in Bournemouth, the United Kingdom.