Amigo (LON:AMGO) Trading Up 18% – Should You Buy?

Amigo Holdings PLC (LON:AMGO)’s stock price traded up 18% during trading on Tuesday . The stock traded as high as GBX 3 and last traded at GBX 2.95. 783,105 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 5,258,629 shares. The stock had previously closed at GBX 2.50.

Amigo Stock Performance

The company has a market capitalization of £31.42 million, a price-to-earnings ratio of -0.13, a P/E/G ratio of 0.90 and a beta of 1.92. The firm’s 50 day simple moving average is GBX 1.77 and its 200-day simple moving average is GBX 0.88.

Amigo (LON:AMGO) last posted its quarterly earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share for the quarter. Amigo had a net margin of 17.65% and a negative return on equity of 450.00%. As a group, equities analysts anticipate that Amigo Holdings PLC will post 0.4268293 earnings per share for the current fiscal year.

Insider Activity at Amigo

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

Amigo Company Profile

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.