Primorus Investments (LON:PRIM) Trading Down 7.6% – Here’s What Happened

Shares of Primorus Investments plc (LON:PRIM) dropped 7.6% during trading on Wednesday . The stock traded as low as GBX 3.20 and last traded at GBX 3.33. Approximately 97,281 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 141,483 shares. The stock had previously closed at GBX 3.60.

Primorus Investments Stock Performance

The business’s fifty day moving average is GBX 3.93 and its two-hundred day moving average is GBX 3.92. The company has a market cap of £4.16 million, a P/E ratio of 0.00 and a beta of 0.96.

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. 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.