Amigo (LON:AMGO) Shares Down 8.1%

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Amigo Holdings PLC (LON:AMGO) dropped 8.1% during mid-day trading on Tuesday . The stock traded as low as GBX 5.09 ($0.06) and last traded at GBX 5.78 ($0.07), approximately 15,180,996 shares traded hands during mid-day trading. The stock had previously closed at GBX 6.29 ($0.08).

AMGO has been the subject of several recent research reports. Peel Hunt reiterated a “not rated” rating on shares of Amigo in a report on Friday, March 6th. Peel Hunt restated a “not rated” rating on shares of Amigo in a research note on Friday, March 6th. One investment analyst has rated the stock with a hold rating and two have given a buy rating to the stock. Amigo currently has an average rating of “Buy” and an average price target of GBX 175 ($2.15).

The firm has a 50 day moving average price of GBX 17.60 and a two-hundred day moving average price of GBX 36.60. The company has a quick ratio of 14.78, a current ratio of 14.81 and a debt-to-equity ratio of 195.56. The company has a market capitalization of $27.47 million and a price-to-earnings ratio of 0.39.

About Amigo (LON:AMGO)

Amigo Holdings PLC, through its subsidiaries, provides guarantor loans to individuals in the United Kingdom. The company was founded in 2005 and is based in Bournemouth, the United Kingdom. Amigo Holdings PLC is a subsidiary of Richmond Group Limited.

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