Amigo (LON:AMGO) Stock Price Down 12.3% – What’s Next?

Amigo Holdings PLC (LON:AMGO)’s share price fell 12.3% during trading on Monday . The stock traded as low as GBX 1.50 and last traded at GBX 1.50. 1,199,901 shares traded hands during 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 Stock Performance

The company has a 50-day moving average price of GBX 1.25 and a 200-day moving average price of GBX 0.66. The firm has a market capitalization of £20.82 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 released its earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share for the quarter. Amigo had a negative net margin of 438.10% and a positive return on equity of 6.73%. Equities analysts predict that Amigo Holdings PLC will post 0.4268293 EPS for the current year.

Insider Buying and Selling

In other news, insider Jonathan Roe bought 1,416,666 shares of the business’s stock in a transaction on Friday, December 19th. The shares were bought at an average cost of GBX 1 per share, for a total transaction of £14,166.66. Also, insider Nicholas Beal purchased 3,666,669 shares of the firm’s 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. In the last 90 days, insiders have purchased 5,815,885 shares of company stock valued at $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.