Amigo (LON:AMGO) Trading Down 11.5% – Time to Sell?

Amigo Holdings PLC (LON:AMGO) shares traded down 11.5% during mid-day trading on Wednesday . The company traded as low as GBX 2.30 and last traded at GBX 2.43. 4,705,868 shares traded hands during trading, a decline of 37% from the average session volume of 7,514,919 shares. The stock had previously closed at GBX 2.75.

Amigo Stock Down 11.5%

The company’s 50 day moving average price is GBX 0.94 and its two-hundred day moving average price is GBX 0.54. The stock has a market cap of £16.79 million, a P/E ratio of -0.13, a P/E/G ratio of 0.90 and a beta of 1.92.

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

Insiders Place Their Bets

In related news, insider Nicholas Beal purchased 3,666,669 shares of Amigo stock in a transaction dated Monday, January 5th. The stock was purchased 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 business’s stock in a transaction on Friday, December 19th. The stock was bought at an average price of GBX 1 per share, for a total transaction of £14,166.66. In the last 90 days, insiders have acquired 5,815,885 shares of company stock valued at $5,815,885. 53.27% of the stock is owned by company insiders.

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.