Primorus Investments (LON:PRIM) Shares Cross Below 50 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Primorus Investments plc (LON:PRIM – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 3.65 and traded as low as GBX 3.40. Primorus Investments shares last traded at GBX 3.50, with a volume of 12,000 shares trading hands.

Primorus Investments Trading Up 2.8%

The firm has a market capitalization of £4.35 million, a P/E ratio of 5.19 and a beta of 0.39. The business’s 50 day simple moving average is GBX 3.65 and its two-hundred day simple moving average is GBX 3.77.

Primorus Investments (LON:PRIM – Get Free Report) last issued its earnings results on Tuesday, June 2nd. The company reported GBX 0.67 earnings per share (EPS) for the quarter. Primorus Investments had a negative net margin of 402.68% and a positive return on equity of 15.97%.

About Primorus Investments

(Get Free Report)

Primorus Investments plc is a private equity firm specializing in buyout investments in small and mid cap firms. The firm focuses to invest in financial services, natural resources, energy, clean technology, financial technology, business technology, infrastructure, property, consultancy, brand licensing and leisure sectors. The firm seeks to take majority stakes in its portfolio companies. Primorus Investments plc was incorporated in 1999 and is based in London, United Kingdom.

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