Argo Group (LON:ARGO) Trading Down 38% – What’s Next?

Argo Group Limited (LON:ARGOGet Free Report) fell 38% during mid-day trading on Tuesday . The company traded as low as GBX 3.10 ($0.04) and last traded at GBX 3.10 ($0.04). 294,319 shares were traded during mid-day trading, an increase of 866% from the average session volume of 30,476 shares. The stock had previously closed at GBX 5 ($0.06).

Argo Group Stock Down 38.0 %

The company has a market capitalization of £1.21 million, a PE ratio of -12.40 and a beta of 0.50. The company’s 50 day moving average is GBX 4.49 and its two-hundred day moving average is GBX 4.48.

Argo Group Company Profile

(Get Free Report)

Argo Group Limited, through its subsidiaries, engages in the investment management business. It invests in sovereign and corporate fixed income securities, distressed debt, and real estate. The company was founded in 2000 and is based in London, the United Kingdom. Argo Group Limited is a subsidiary of Lynchwood Nominees Limited.

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