Primorus Investments (LON:PRIM) Shares Break Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Primorus Investments plc (LON:PRIM – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 3.63 and traded as high as GBX 3.70. Primorus Investments shares last traded at GBX 3.70, with a volume of 85 shares.

Primorus Investments Price Performance

The stock has a market capitalization of £4.16 million, a price-to-earnings ratio of 3.37 and a beta of 0.36. The business has a 50 day simple moving average of GBX 3.37 and a 200-day simple moving average of GBX 3.63.

Primorus Investments (LON:PRIM – Get Free Report) last announced its quarterly earnings results on Tuesday, September 29th. The company reported GBX (0.11) earnings per share (EPS) for the quarter. Primorus Investments had a return on equity of 22.69% and a net margin of 1,188.70%.

Primorus Investments Company Profile

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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.

Further Reading

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