Amigo (LON:AMGO) Stock Price Down 15.6% – What’s Next?

Amigo Holdings PLC (LON:AMGO) shares dropped 15.6% during mid-day trading on Monday . The company traded as low as GBX 0.68 and last traded at GBX 0.68. Approximately 291,808 shares changed hands during trading, a decline of 89% from the average daily volume of 2,744,173 shares. The stock had previously closed at GBX 0.80.

Amigo Price Performance

The firm has a fifty day moving average of GBX 0.51 and a two-hundred day moving average of GBX 0.37. The stock has a market capitalization of £4.23 million, a P/E ratio of -0.13, a P/E/G ratio of 0.90 and a beta of 1.92.

Amigo (LON:AMGO) last issued its earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share (EPS) for the quarter. Amigo had a positive return on equity of 6.73% and a negative net margin of 438.10%. As a group, sell-side analysts forecast that Amigo Holdings PLC will post 0.4268293 EPS for the current fiscal year.

Insider Buying and Selling

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

Amigo Company Profile

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.