Amigo (LON:AMGO) Shares Down 11.1% – Here’s What Happened

Amigo Holdings PLC (LON:AMGO) shares were down 11.1% during mid-day trading on Thursday . The stock traded as low as GBX 0.40 ($0.00) and last traded at GBX 0.40 ($0.00). Approximately 520,297 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 1,036,970 shares. The stock had previously closed at GBX 0.45 ($0.01).

Amigo Trading Down 7.8 %

The business has a 50 day simple moving average of GBX 0.44 and a 200 day simple moving average of GBX 0.43. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.00 and a quick ratio of 0.99. The company has a market cap of £2.37 million, a price-to-earnings ratio of -13.83, a price-to-earnings-growth ratio of 0.90 and a beta of 1.92.

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.