Primorus Investments (LON:PRIM) Reaches New 1-Year Low – Time to Sell?

Shares of Primorus Investments plc (LON:PRIM) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 3 and last traded at GBX 3, with a volume of 1136 shares changing hands. The stock had previously closed at GBX 3.80.

Primorus Investments Price Performance

The stock has a market capitalization of £4.63 million, a P/E ratio of 5.52 and a beta of 0.39. The stock’s fifty day moving average is GBX 3.64 and its 200-day moving average is GBX 3.75.

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 positive return on equity of 15.97% and a negative net margin of 402.68%.

About Primorus Investments

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.