Argo Group (LON:ARGO) Stock Price Up 6.7% – Should You Buy?

Argo Group Limited (LON:ARGOGet Free Report)’s stock price shot up 6.7% during trading on Tuesday . The company traded as high as GBX 4.90 ($0.06) and last traded at GBX 4 ($0.05). 1,399 shares were traded during trading, a decline of 90% from the average session volume of 14,068 shares. The stock had previously closed at GBX 3.75 ($0.05).

Argo Group Price Performance

The business has a 50 day simple moving average of GBX 4.02 and a 200 day simple moving average of GBX 4.46. The company has a market capitalization of £1.56 million, a price-to-earnings ratio of -16.00 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

Receive News & Ratings for Argo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Group and related companies with MarketBeat.com's FREE daily email newsletter.