Primorus Investments (LON:PRIM) Issues Quarterly Earnings Results

Primorus Investments (LON:PRIM) released its earnings results on Tuesday. The company reported GBX 0.67 earnings per share for the quarter, Digital Look Earnings reports. Primorus Investments had a net margin of 194.02% and a negative return on equity of 12.42%.

Primorus Investments Price Performance

Shares of LON PRIM opened at GBX 3.48 on Wednesday. The business has a 50-day moving average of GBX 3.72 and a 200-day moving average of GBX 3.87. The stock has a market capitalization of £4.33 million, a price-to-earnings ratio of 0.00 and a beta of 0.32. Primorus Investments has a fifty-two week low of GBX 3 and a fifty-two week high of GBX 4.50.

Insiders Place Their Bets

In other Primorus Investments news, insider Rupert Labrum sold 3,000,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of GBX 4, for a total transaction of £120,000. 47.44% of the stock is currently owned by corporate insiders.

About Primorus Investments

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.