Argentex Group (LON:AGFX) Stock Price Down 12.2% – What’s Next?

Posted by James Quigley on Jan 27th, 2025

Argentex Group PLC (LON:AGFX – Get Free Report) shares fell 12.2% during trading on Monday . The stock traded as low as GBX 38.44 ($0.48) and last traded at GBX 38.44 ($0.48). 186,580 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,756,942 shares. The stock had previously closed at GBX 43.80 ($0.55).

Argentex Group Stock Performance

The stock has a 50 day moving average of GBX 31.75 and a two-hundred day moving average of GBX 32.68. The stock has a market capitalization of £46.29 million, a PE ratio of 716.00 and a beta of 1.20. The company has a debt-to-equity ratio of 26.42, a current ratio of 1.56 and a quick ratio of 0.32.

Insiders Place Their Bets

In other news, insider Nigel Railton purchased 693,000 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were acquired at an average price of GBX 31 ($0.39) per share, for a total transaction of £214,830 ($267,734.30). Insiders own 24.75% of the company’s stock.

About Argentex Group

(Get Free Report)

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.