Argentex Group PLC. Stock Analysis AGFX.L

Argentex Group Plc is a holding company, which engages in the provision of foreign exchange execution and advisory services to corporate and institutional clients. The firm provides currency management, foreign exchange (FX) execution and hedging through spot, forward and structured solutions. The company also provides alternative transaction banking, with digital solutions including multi-currency accounts (vIBANs) and global payments. The firm executes FX spot, forward and structured solutions contracts on behalf of its clients. The firm delivers via multiple channels that include traditional voice broking and online alternative banking (virtual IBANS). The firm's multi-currency accounts provide approximately 15 currencies with one account number. The company serves various sectors, including financial services, other corporate, manufacturing and machinery, film production and animation, electrical, food and beverages, fashion, consultancy and recruitment, and medical and pharmaceutical.