Argentex Group (LON:AGFX) Issues Earnings Results

Argentex Group (LON:AGFX) released its quarterly earnings results on Wednesday. The company reported GBX (1.30) (($0.02)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Argentex Group had a return on equity of 34.38% and a net margin of 17.07%.

Argentex Group Stock Up 9.0 %

AGFX stock opened at GBX 46.33 ($0.61) on Friday. The company has a 50-day simple moving average of GBX 40.48 and a 200 day simple moving average of GBX 34.85. The company has a market capitalization of £57.01 million, a P/E ratio of 5.74 and a beta of 1.20. Argentex Group has a fifty-two week low of GBX 26 ($0.34) and a fifty-two week high of GBX 56 ($0.73).

Insider Activity

In other Argentex Group news, insider James Ormonde acquired 320,338 shares of Argentex Group stock in a transaction dated Wednesday, April 2nd. The stock was bought at an average price of GBX 47 ($0.62) per share, for a total transaction of £150,558.86 ($197,273.14). Insiders own 24.75% of the company’s stock.

About Argentex Group

As global payment and currency risk management specialists, we offer bespoke services alongside market leading technology for businesses and financial institutions. When choosing Argentex, you will benefit from competitive rates, tailored risk management solutions and the certainty that your organisation is in safe hands.

Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands, Australia and the UAE.