Argentex Group PLC (LON:AGFX) Insider Acquires £117,842.80 in Stock

Argentex Group PLC (LON:AGFX) insider Nigel Railton bought 256,180 shares of the company’s stock in a transaction that occurred on Friday, April 11th. The stock was purchased at an average cost of GBX 46 ($0.60) per share, for a total transaction of £117,842.80 ($154,183.96).

Argentex Group Price Performance

Shares of AGFX traded up GBX 0.32 ($0.00) during mid-day trading on Monday, hitting GBX 46.17 ($0.60). 415,985 shares of the company’s stock were exchanged, compared to its average volume of 759,355. Argentex Group PLC has a 52 week low of GBX 26 ($0.34) and a 52 week high of GBX 55.70 ($0.73). The company has a market cap of £56.81 million, a PE ratio of 5.72 and a beta of 1.20. The company has a 50-day simple moving average of GBX 41.60 and a 200 day simple moving average of GBX 35.54.

Argentex Group (LON:AGFX) last released its earnings results on Wednesday, April 2nd. The company reported GBX (1.30) (($0.02)) earnings per share for the quarter. Argentex Group had a net margin of 17.07% and a return on equity of 34.38%. On average, analysts anticipate that Argentex Group PLC will post 1120 earnings per share for the current year.

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.