Apax Global Alpha (LON:APAX) Hits New 1-Year Low – What’s Next?

Apax Global Alpha (LON:APAX)’s share price reached a new 52-week low on Friday . The company traded as low as GBX 131.75 ($1.70) and last traded at GBX 131.75 ($1.70), with a volume of 1241 shares. The stock had previously closed at GBX 133.60 ($1.73).

Apax Global Alpha Stock Performance

The business’s fifty day moving average price is GBX 136.18 and its two-hundred day moving average price is GBX 140.12. The stock has a market capitalization of £775.37 million, a P/E ratio of 225.31 and a beta of 0.74.

Apax Global Alpha (LON:APAX) last posted its earnings results on Tuesday, March 4th. The company reported GBX 1.72 ($0.02) earnings per share for the quarter. Apax Global Alpha had a net margin of 45.55% and a return on equity of 0.27%. As a group, analysts forecast that Apax Global Alpha will post 29.4957983 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Alexander Denny purchased 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average cost of GBX 134 ($1.73) per share, with a total value of £20,100 ($25,972.35). 14.43% of the stock is owned by corporate insiders.

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 invested in Private Equity is deployed into a portfolio of debt to generate income towards the dividend and additional returns.