Amigo (LON:AMGO) Shares Up 17.5% – Should You Buy?

Amigo Holdings PLC (LON:AMGO) was up 17.5% during mid-day trading on Tuesday . The stock traded as high as GBX 2.50 and last traded at GBX 2.01. Approximately 1,865,012 shares traded hands during trading, a decline of 71% from the average daily volume of 6,385,619 shares. The stock had previously closed at GBX 1.71.

Amigo Stock Performance

The stock has a market cap of £21.41 million, a P/E ratio of -0.13, a P/E/G ratio of 0.90 and a beta of 1.92. The stock’s fifty day moving average is GBX 1.22 and its 200 day moving average is GBX 0.65.

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

Insider Buying and Selling at Amigo

In other news, insider Nicholas Beal acquired 3,666,669 shares of the company’s stock in a transaction on Monday, January 5th. The stock was bought at an average cost of GBX 1 per share, with a total value of £36,666.69. Also, insider Jonathan Roe acquired 1,416,666 shares of the business’s stock in a transaction on Friday, December 19th. The shares were purchased at an average price of GBX 1 per share, for a total transaction of £14,166.66. Insiders have purchased a total of 5,815,885 shares of company stock worth $5,815,885 in the last 90 days. 32.72% of the stock is currently owned by insiders.

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.