Insider trading activity at Amigo Holdings PLC has seen a significant development as insider Jonathan Roe acquired 1,416,666 shares of the company on December 19, 2023. The shares were purchased at an average price of GBX 1 each, leading to a total investment of £14,166.66.
Amigo Holdings Stock Overview
On Thursday, Amigo’s stock opened at GBX 0.87. Over the past year, the stock has experienced considerable volatility, with a low of GBX 0.16 and a high of GBX 1.05. The company currently holds a market capitalization of £5.44 million and reports a price-to-earnings (P/E) ratio of -0.13. Additionally, its fifty-day moving average price stands at GBX 0.44, while the two-hundred day moving average is GBX 0.34.
Amigo Holdings recently published its quarterly earnings results on December 15, 2023. The report revealed an earnings per share (EPS) of GBX (0.33) for the quarter, indicating ongoing financial challenges. Despite these difficulties, the company achieved a positive return on equity of 6.73%, although it also recorded a substantial negative net margin of 438.10%. Analysts predict that Amigo will post an EPS of 0.4268293 for the current year.
About Amigo Holdings PLC
Founded in 2005, Amigo Holdings PLC is based in Bournemouth, United Kingdom. The company specializes in providing loans to individuals throughout the United Kingdom and Ireland. Additionally, it engages in various trading and financing activities.
Recent insider purchases, such as Roe’s, may indicate confidence among company executives despite a challenging financial landscape. As Amigo navigates its future, attention will remain on its stock performance and quarterly earnings reports.
