Amigo (LON:AMGO) Shares Down 3.3% – What’s Next?

Shares of Amigo Holdings PLC (LON:AMGO) dropped 3.3% during mid-day trading on Wednesday . The company traded as low as GBX 0.70 and last traded at GBX 0.82. Approximately 11,438,724 shares changed hands during mid-day trading, an increase of 350% from the average daily volume of 2,543,252 shares. The stock had previously closed at GBX 0.85.

Amigo Price Performance

The stock has a market cap of £5.44 million, a price-to-earnings ratio of -0.13, a PEG ratio of 0.90 and a beta of 1.92. The firm has a fifty day moving average of GBX 0.45 and a 200 day moving average of GBX 0.35.

Amigo (LON:AMGO) last released its quarterly earnings data on Monday, December 15th. The company reported GBX (0.33) earnings per share for the quarter. Amigo had a positive return on equity of 6.73% and a negative net margin of 438.10%. Research analysts anticipate that Amigo Holdings PLC will post 0.4268293 earnings per share for the current fiscal year.

Insider Transactions at Amigo

In other news, insider Jonathan Roe acquired 1,416,666 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was purchased at an average cost of GBX 1 per share, for a total transaction of £14,166.66. Also, insider Nicholas Beal bought 732,550 shares of Amigo stock in a transaction on Friday, December 19th. The shares were purchased at an average cost of GBX 1 per share, for a total transaction of £7,325.50. Corporate insiders own 53.27% of the company’s stock.

About Amigo

Amigo Holdings PLC, through its subsidiaries, provides loans to individuals in the United Kingdom and Ireland. The company also engages in trading and financing activities. Amigo Holdings PLC was founded in 2005 and is based in Bournemouth, the United Kingdom.