Alpha Growth (LON:ALGW) Shares Up 5.6% – Time to Buy?

Shares of Alpha Growth plc (LON:ALGWGet Free Report) shot up 5.6% during mid-day trading on Monday . The company traded as high as GBX 1.90 ($0.02) and last traded at GBX 1.90 ($0.02). 238,765 shares traded hands during trading, a decline of 68% from the average session volume of 743,162 shares. The stock had previously closed at GBX 1.80 ($0.02).

Alpha Growth Price Performance

The business’s fifty day simple moving average is GBX 1.92 and its 200-day simple moving average is GBX 1.89. The company has a current ratio of 22.50, a quick ratio of 0.00 and a debt-to-equity ratio of 190.72. The firm has a market cap of £8.89 million, a P/E ratio of -7.43 and a beta of 1.35.

Alpha Growth Company Profile

(Get Free Report)

Alpha Growth plc focuses on providing advisory services, strategies, performance monitoring, and analytical services to holders of senior life settlement assets in North America. The company is involved in the fund management and insurance businesses. Alpha Growth plc was incorporated in 2015 and is based in London, the United Kingdom.

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