Primorus Investments (LON:PRIM) Announces Quarterly Earnings Results

Primorus Investments (LON:PRIM) announced its quarterly earnings data on Tuesday. The company reported GBX 0.67 earnings per share for the quarter, Digital Look Earnings reports. Primorus Investments had a negative net margin of 402.68% and a positive return on equity of 15.97%.

Primorus Investments Price Performance

Shares of LON PRIM opened at GBX 3.48 on Thursday. The company’s 50 day simple moving average is GBX 3.70 and its 200 day simple moving average is GBX 3.86. Primorus Investments has a fifty-two week low of GBX 3 and a fifty-two week high of GBX 4.50. The firm has a market capitalization of £4.33 million, a P/E ratio of 0.00 and a beta of 0.32.

Insiders Place Their Bets

In related news, insider Rupert Labrum sold 3,000,000 shares of the stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of GBX 4, for a total value of £120,000. 47.44% 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.