Primorus Investments (LON:PRIM) Trading Down 10% – Here’s Why

Primorus Investments plc (LON:PRIMGet Free Report)’s stock price dropped 10% during trading on Tuesday . The company traded as low as GBX 3.69 and last traded at GBX 3.69. Approximately 127,372 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 223,915 shares. The stock had previously closed at GBX 4.10.

Primorus Investments Stock Performance

The stock has a market capitalization of £4.46 million, a price-to-earnings ratio of 0.00 and a beta of 0.96. The business has a 50-day moving average of GBX 4.02 and a 200-day moving average of GBX 3.95.

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.

Further Reading

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