Amigo (LON:AMGO) Trading 23.4% Higher – Should You Buy?

Amigo Holdings PLC (LON:AMGO)’s share price shot up 23.4% during trading on Thursday . The company traded as high as GBX 3.38 and last traded at GBX 2.16. 23,948,529 shares were traded during mid-day trading, an increase of 311% from the average session volume of 5,826,569 shares. The stock had previously closed at GBX 1.75.

Amigo Trading Up 51.4%

The stock has a market capitalization of £22.57 million, a P/E ratio of -0.13, a price-to-earnings-growth ratio of 0.90 and a beta of 1.92. The business has a fifty day simple moving average of GBX 0.76 and a 200 day simple moving average of GBX 0.47.

Amigo (LON:AMGO) last posted its quarterly earnings data 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%. As a group, research analysts forecast that Amigo Holdings PLC will post 0.4268293 earnings per share for the current year.

Insider Transactions at Amigo

In related news, insider Jonathan Roe acquired 1,416,666 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average price of GBX 1 per share, for a total transaction of £14,166.66. Also, insider Nicholas Beal purchased 3,666,669 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 1 per share, for a total transaction of £36,666.69. Insiders purchased a total of 5,815,885 shares of company stock worth $5,815,885 over the last three months. 53.27% of the stock is owned by insiders.

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.