Primorus Investments (LON:PRIM) Hits New 1-Year High at $3.73

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Primorus Investments PLC (LON:PRIM)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 3.73 ($0.05) and last traded at GBX 3.55 ($0.05), with a volume of 2553081 shares traded. The stock had previously closed at GBX 3.45 ($0.04).

The stock has a market capitalization of $4.96 million and a price-to-earnings ratio of -11.83. The stock has a 50 day moving average price of GBX 3.06 and a 200-day moving average price of GBX 2.65. The company has a debt-to-equity ratio of 101.82, a current ratio of 0.56 and a quick ratio of 0.45.

About Primorus Investments (LON:PRIM)

Primorus Investments plc, an investment company, focuses on acquiring interests in a portfolio of exploration and production projects and assets operating in the natural resources sector. It owns a 5% direct interest in Horse Hill Developments Limited, which owns a 65% participating interest and operatorship of Licence PEDL137 and the adjacent Licence PEDL246 in the Weald Basin, the United Kingdom.

Further Reading: How does a security become overbought?

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