Primorus Investments (LON:PRIM) Trading Up 6.7% – Still a Buy?

Primorus Investments plc (LON:PRIM) traded up 6.7% during mid-day trading on Thursday . The stock traded as high as GBX 4 ($0.05) and last traded at GBX 4 ($0.05). 250,002 shares were traded during mid-day trading, a decline of 11% from the average session volume of 282,361 shares. The stock had previously closed at GBX 3.75 ($0.05).

Primorus Investments Stock Up 6.7 %

The stock has a 50-day moving average of GBX 3.85 and a 200-day moving average of GBX 3.47. The firm has a market cap of £5.59 million, a price-to-earnings ratio of 400.00 and a beta of 0.96. The company has a current ratio of 27.10, a quick ratio of 4.72 and a debt-to-equity ratio of 1.29.

Insider Activity at Primorus Investments

In related news, insider Rupert Labrum purchased 400,000 shares of Primorus Investments stock in a transaction dated Friday, September 27th. The stock was bought at an average cost of GBX 3 ($0.04) per share, with a total value of £12,000 ($15,037.59). 46.61% of the stock is currently owned by insiders.

Primorus Investments Company Profile

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.