Primorus Investments (LON:PRIM) Trading 4.6% Higher – Still a Buy?

Primorus Investments plc (LON:PRIM) traded up 4.6% during mid-day trading on Friday . The company traded as high as GBX 3.82 and last traded at GBX 3.82. 100,113 shares traded hands during trading, a decline of 36% from the average session volume of 157,208 shares. The stock had previously closed at GBX 3.65.

Primorus Investments Stock Performance

The company has a market capitalization of £4.75 million, a PE ratio of 0.00 and a beta of 0.32. The business’s 50-day moving average is GBX 3.73 and its 200-day moving average is GBX 3.89.

Insider Transactions at Primorus Investments

In related news, insider Rupert Labrum sold 3,000,000 shares of Primorus Investments stock in a transaction dated Friday, April 24th. The shares were sold at an average price of GBX 4, for a total transaction of £120,000. 47.44% of the stock is currently owned by company 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.