Amigo (LON:AMGO) Stock Price Down 12.3% – Here’s What Happened

Amigo Holdings PLC (LON:AMGO)’s share price fell 12.3% during mid-day trading on Monday . The company traded as low as GBX 1.50 and last traded at GBX 1.50. 1,199,901 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 6,364,834 shares. The stock had previously closed at GBX 1.71.

Amigo Price Performance

The business’s 50-day moving average is GBX 1.19 and its 200 day moving average is GBX 0.64. The firm has a market capitalization of £15.98 million, a P/E ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 1.92.

Amigo (LON:AMGO) last posted its quarterly earnings data on Monday, December 15th. The company reported GBX (0.33) earnings per share (EPS) for the quarter. Amigo had a negative net margin of 438.10% and a positive return on equity of 6.73%. Analysts anticipate that Amigo Holdings PLC will post 0.4268293 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Nicholas Beal bought 3,666,669 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was purchased at an average cost of GBX 1 per share, for a total transaction of £36,666.69. Also, insider Jonathan Roe bought 1,416,666 shares of Amigo stock in a transaction dated Friday, December 19th. The shares were bought at an average cost 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 worth $5,815,885. Corporate 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.