Primorus Investments (LON:PRIM) Reaches New 1-Year Low – Here’s Why

Primorus Investments plc (LON:PRIMGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 3 and last traded at GBX 3.80, with a volume of 50236 shares traded. The stock had previously closed at GBX 3.40.

Primorus Investments Stock Performance

The firm has a market cap of £4.73 million, a price-to-earnings ratio of 5.64 and a beta of 0.39. The stock has a 50-day moving average of GBX 3.60 and a 200-day moving average of GBX 3.69.

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

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. 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.

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