Amigo (LON:AMGO) Shares Up 17.5% – Should You Buy?

Amigo Holdings PLC (LON:AMGO)’s stock price shot up 17.5% during mid-day trading on Tuesday . The stock traded as high as GBX 2.50 and last traded at GBX 2.01. 1,865,012 shares were traded during trading, a decline of 71% from the average session volume of 6,385,619 shares. The stock had previously closed at GBX 1.71.

Amigo Stock Up 17.5%

The business has a 50 day moving average price of GBX 1.22 and a 200 day moving average price of GBX 0.65. The stock has a market cap of £21.41 million, a P/E ratio of -0.13, a PEG ratio of 0.90 and a beta of 1.92.

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 negative net margin of 438.10% and a positive return on equity of 6.73%. On average, research analysts expect that Amigo Holdings PLC will post 0.4268293 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jonathan Roe acquired 1,416,666 shares of the stock in a transaction on Friday, December 19th. The stock was bought at an average cost of GBX 1 per share, with a total value of £14,166.66. Also, insider Nicholas Beal bought 3,666,669 shares of the company’s stock in a transaction on Monday, January 5th. The stock was bought at an average price of GBX 1 per share, for a total transaction of £36,666.69. Insiders have bought 5,815,885 shares of company stock valued at $5,815,885 over the last three months. Insiders own 32.72% of the company’s stock.

About Amigo

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.