Argentex Group (LON:AGFX) Trading Up 11.5% - Still a Buy?

Argentex Group PLC (LON:AGFX - Get Free Report)'s stock price traded up 11.5% on Wednesday . The company traded as high as GBX 46.38 ($0.60) and last traded at GBX 45.11 ($0.58). 309,524 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 751,417 shares. The stock had previously closed at GBX 40.45 ($0.52).

Argentex Group Price Performance

The firm has a fifty day simple moving average of GBX 40.49 and a 200 day simple moving average of GBX 34.97. The company has a market cap of £54.47 million, a price-to-earnings ratio of 5.49 and a beta of 1.20.

Argentex Group (LON:AGFX - Get Free Report) last released its earnings results on Wednesday, April 2nd. The company reported GBX (1.30) (($0.02)) earnings per share for the quarter. Argentex Group had a return on equity of 34.38% and a net margin of 17.07%. Analysts expect that Argentex Group PLC will post 1120 earnings per share for the current year.

Insider Buying and Selling at Argentex Group

In other news, insider James Ormonde acquired 320,338 shares of the firm's stock in a transaction dated Wednesday, April 2nd. The shares were bought at an average price of GBX 47 ($0.61) per share, with a total value of £150,558.86 ($194,069.17). Insiders own 24.75% of the company's stock.

Argentex Group Company Profile

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.