Primorus Investments (LON:PRIM) Stock Price Down 2.7% – Should You Sell?

Shares of Primorus Investments plc (LON:PRIM) dropped 2.7% during trading on Monday . The stock traded as low as GBX 3.21 and last traded at GBX 3.21. Approximately 91,851 shares were traded during trading, a decline of 28% from the average daily volume of 127,559 shares. The stock had previously closed at GBX 3.30.

Primorus Investments Stock Performance

The company has a market cap of £3.98 million, a price-to-earnings ratio of 4.75 and a beta of 0.39. The stock’s fifty day simple moving average is GBX 3.69 and its two-hundred day simple moving average is GBX 3.80.

Primorus Investments (LON:PRIM) last issued its earnings results on Tuesday, June 2nd. The company reported GBX 0.67 earnings per share (EPS) for the quarter. Primorus Investments had a positive return on equity of 15.97% and a negative net margin of 402.68%.

Insider Transactions at Primorus Investments

In other news, insider Rupert Labrum sold 3,000,000 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of GBX 4, for a total transaction of £120,000. 47.63% of the stock is owned by corporate insiders.

Primorus Investments Company Profile

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.