Argentex Group (LON:AGFX) Trading 15.2% Higher – Here’s What Happened

Argentex Group PLC (LON:AGFX)’s stock price traded up 15.2% on Wednesday . The company traded as high as GBX 33.40 ($0.41) and last traded at GBX 33.40 ($0.41). 561,001 shares were traded during trading, an increase of 20% from the average session volume of 467,095 shares. The stock had previously closed at GBX 29 ($0.36).

Argentex Group Price Performance

The stock has a market cap of £42.45 million, a price-to-earnings ratio of 716.00 and a beta of 1.20. The company has a current ratio of 1.56, a quick ratio of 0.32 and a debt-to-equity ratio of 26.42. The company’s fifty day moving average is GBX 30.05 and its two-hundred day moving average is GBX 31.84.

Insider Transactions at Argentex Group

In other Argentex Group news, insider Nigel Railton purchased 693,000 shares of Argentex Group stock in a transaction dated Monday, December 2nd. The shares were acquired at an average price of GBX 31 ($0.38) per share, with a total value of £214,830 ($264,341.09). Company insiders own 24.75% of the company’s stock.

About Argentex Group

As global payment and currency risk management specialists, we offer bespoke services alongside market leading technology for businesses and financial institutions. When choosing Argentex, you will benefit from competitive rates, tailored risk management solutions and the certainty that your organisation is in safe hands.

Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands, Australia and the UAE.