Insider Buying: Argentex Group PLC (LON:AGFX) Insider Buys 256,180 Shares of Stock

Argentex Group PLC (LON:AGFX) insider Nigel Railton purchased 256,180 shares of the business’s stock in a transaction on Friday, April 11th. The stock was acquired at an average price of GBX 46 ($0.61) per share, with a total value of £117,842.80 ($155,383.44).

Argentex Group Stock Up 3.8 %

AGFX stock opened at GBX 47.60 ($0.63) on Tuesday. The stock has a market capitalization of £58.57 million, a price-to-earnings ratio of 5.90 and a beta of 1.20. Argentex Group PLC has a 52-week low of GBX 26 ($0.34) and a 52-week high of GBX 55.70 ($0.73). The stock’s fifty day simple moving average is GBX 41.83 and its 200-day simple moving average is GBX 35.65.

Argentex Group (LON:AGFX) last issued its quarterly earnings results on Wednesday, April 2nd. The company reported GBX (1.30) (($0.02)) earnings per share (EPS) for the quarter. Argentex Group had a return on equity of 34.38% and a net margin of 17.07%. As a group, analysts anticipate that Argentex Group PLC will post 1120 earnings per share for the current fiscal year.

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.