Amigo (LON:AMGO) Stock Price Up 17.5% – Should You Buy?

Amigo Holdings PLC (LON:AMGO) was up 17.5% on Tuesday . The company traded as high as GBX 2.50 and last traded at GBX 2.01. Approximately 1,865,012 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 6,385,619 shares. The stock had previously closed at GBX 1.71.

Amigo Price Performance

The stock has a market cap of £15.98 million, a P/E ratio of -0.13, a PEG ratio of 0.90 and a beta of 1.92. The business’s 50 day simple moving average is GBX 1.28 and its 200 day simple moving average is GBX 0.67.

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

Insiders Place Their Bets

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

About Amigo

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.