Amigo (LON:AMGO) Stock Price Down 17.8% – Should You Sell?

Amigo Holdings PLC (LON:AMGO)’s stock price was down 17.8% during mid-day trading on Wednesday . The company traded as low as GBX 2.26 and last traded at GBX 2.26. Approximately 3,428,962 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 4,981,484 shares. The stock had previously closed at GBX 2.75.

Amigo Price Performance

The company has a 50 day simple moving average of GBX 2.03 and a 200-day simple moving average of GBX 0.99. The stock has a market capitalization of £26.63 million, a P/E ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 2.01.

Amigo (LON:AMGO) last posted its quarterly earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share for the quarter. Amigo had a negative return on equity of 450.00% and a net margin of 17.65%. As a group, equities analysts forecast that Amigo Holdings PLC will post 0.4268293 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amigo news, insider Nicholas Beal bought 3,666,669 shares of the business’s stock in a transaction on Monday, January 5th. The stock was purchased at an average price of GBX 1 per share, for a total transaction of £36,666.69. 32.72% of the stock is owned by corporate 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.