Argentex Group PLC (LON:AGFX – Get Free Report) was up 14% during trading on Wednesday . The company traded as high as GBX 38.29 ($0.49) and last traded at GBX 38.29 ($0.49). Approximately 288,335 shares were traded during trading, a decline of 42% from the average daily volume of 499,300 shares. The stock had previously closed at GBX 33.60 ($0.43).
Argentex Group Stock Performance
The company has a fifty day moving average price of GBX 33.51 and a two-hundred day moving average price of GBX 46.51. The firm has a market cap of £43.25 million, a price-to-earnings ratio of 477.50 and a beta of 1.16. The company has a debt-to-equity ratio of 28.05, a current ratio of 1.56 and a quick ratio of 0.32.
Insider Activity
In other news, insider Henry Beckwith purchased 5,347,732 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were acquired at an average price of GBX 45 ($0.58) per share, for a total transaction of £2,406,479.40 ($3,095,548.49). Insiders own 24.72% of the company’s stock.
Argentex Group Company Profile
Argentex Group PLC provides bespoke currency risk management and payment solutions in the United Kingdom. The company offers spot and forward contracts, structured solutions, and personalized hedging strategies FX capabilities primarily through traditional voice broking and online alternative banking services.
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