Argentex Group (LON:AGFX) Shares Up 15.2% – Time to Buy?

Posted by Editorial Team on Jan 8th, 2025

Argentex Group PLC (LON:AGFX – Get Free Report)’s share price shot up 15.2% during mid-day trading on Wednesday . The company traded as high as GBX 33.40 ($0.42) and last traded at GBX 33.40 ($0.42). 561,001 shares changed hands 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 Trading Up 13.8 %

The company has a debt-to-equity ratio of 26.42, a current ratio of 1.56 and a quick ratio of 0.32. The stock’s fifty day simple moving average is GBX 30.03 and its 200-day simple moving average is GBX 31.84. The firm has a market cap of £39.74 million, a PE ratio of 716.00 and a beta of 1.20.

Insider Buying and Selling at Argentex Group

In other Argentex Group news, insider Nigel Railton acquired 693,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were purchased at an average price of GBX 31 ($0.39) per share, for a total transaction of £214,830 ($268,001.50). Company insiders own 24.75% of the company’s stock.

Argentex Group Company Profile

(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.