Argentex Group (LON:AGFX) Trading Down 2.5% – Time to Sell?

Argentex Group PLC (LON:AGFX)’s share price fell 2.5% during mid-day trading on Wednesday . The stock traded as low as GBX 29.26 ($0.37) and last traded at GBX 29.26 ($0.37). 131,107 shares were traded during trading, a decline of 67% from the average session volume of 401,710 shares. The stock had previously closed at GBX 30 ($0.38).

Argentex Group Stock Performance

The company has a quick ratio of 0.32, a current ratio of 1.56 and a debt-to-equity ratio of 26.42. The stock has a fifty day simple moving average of GBX 30.66 and a 200-day simple moving average of GBX 32.15. The company has a market capitalization of £35.23 million, a P/E ratio of 716.00 and a beta of 1.20.

Insider Activity at Argentex Group

In other Argentex Group news, insider Nigel Railton acquired 693,000 shares of Argentex Group stock in a transaction on Monday, December 2nd. The shares were bought at an average price of GBX 31 ($0.39) per share, with a total value of £214,830 ($269,446.88). 24.75% of the stock is currently owned by insiders.

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.