Apax Global Alpha (LON:APAX) Hits New 52-Week Low – What’s Next?

Apax Global Alpha (LON:APAX)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 117.80 ($1.52) and last traded at GBX 117.80 ($1.52), with a volume of 1440070 shares trading hands. The stock had previously closed at GBX 119 ($1.54).

Apax Global Alpha Price Performance

The firm has a market cap of £688.96 million, a P/E ratio of 200.20 and a beta of 0.74. The company’s 50-day simple moving average is GBX 130.25 and its 200 day simple moving average is GBX 137.29.

Apax Global Alpha (LON:APAX) last announced its quarterly earnings results on Tuesday, March 4th. The company reported GBX 1.72 ($0.02) EPS for the quarter. Apax Global Alpha had a net margin of 45.55% and a return on equity of 0.27%. Analysts anticipate that Apax Global Alpha will post 29.4957983 EPS for the current fiscal year.

Insider Transactions at Apax Global Alpha

In other news, insider Alexander Denny bought 15,000 shares of Apax Global Alpha stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of GBX 134 ($1.73) per share, with a total value of £20,100 ($25,985.78). Company insiders own 14.43% of the company’s stock.

Apax Global Alpha Company Profile

AGA offers access to a diversified portfolio of high-quality companies by investing in Private Equity Funds advised by Apax. These companies are identified and selected by the Apax team, leveraging their deep sector insights, and drawing on the firm’s 50-year experience.

Capital not currently invested in Private Equity is deployed into a portfolio of debt investments to generate income towards the dividend and additional returns.