Amigo (LON:AMGO) Stock Price Up 13% – Here’s Why

Amigo Holdings PLC (LON:AMGO) rose 13% on Friday . The company traded as high as GBX 1.30 and last traded at GBX 1.30. Approximately 4,172,495 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 3,920,340 shares. The stock had previously closed at GBX 1.15.

Amigo Stock Up 13.0%

The firm has a market capitalization of £8.97 million, a price-to-earnings ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 1.92. The firm’s 50 day moving average is GBX 0.64 and its 200 day moving average is GBX 0.43.

Amigo (LON:AMGO) last announced its earnings results on Monday, December 15th. The company reported GBX (0.33) earnings per share (EPS) for the quarter. Amigo had a positive return on equity of 6.73% and a negative net margin of 438.10%. On average, sell-side analysts predict that Amigo Holdings PLC will post 0.4268293 earnings per share for the current year.

Insider Activity at Amigo

In other Amigo news, insider Jonathan Roe acquired 1,416,666 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was purchased at an average cost of GBX 1 per share, for a total transaction of £14,166.66. Also, insider Nicholas Beal bought 3,666,669 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was acquired at an average price of GBX 1 per share, for a total transaction of £36,666.69. Over the last quarter, insiders have acquired 5,815,885 shares of company stock worth $5,815,885. Corporate insiders own 53.27% of the company’s stock.

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.