Argo Group (LON:ARGO) Trading Up 24.5% – Here’s Why

Shares of Argo Group Limited (LON:ARGOGet Free Report) shot up 24.5% during trading on Monday . The company traded as high as GBX 4.98 ($0.06) and last traded at GBX 4.98 ($0.06). 200 shares changed hands during trading, a decline of 82% from the average session volume of 1,092 shares. The stock had previously closed at GBX 4 ($0.05).

Argo Group Price Performance

The company has a fifty day moving average price of GBX 4.14 and a two-hundred day moving average price of GBX 4.39. The company has a market capitalization of £1.94 million, a P/E ratio of -19.92 and a beta of 0.50.

Argo Group Company Profile

(Get Free Report)

Argo Group Limited, through its subsidiaries, engages in the investment management business. It invests in sovereign and corporate fixed income securities, distressed debt, and real estate. The company was founded in 2000 and is based in London, the United Kingdom. Argo Group Limited is a subsidiary of Lynchwood Nominees Limited.

Further Reading

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