Apax Global Alpha (LON:APAX) Issues Earnings Results

Apax Global Alpha (LON:APAX) issued its quarterly earnings results on Tuesday. The company reported GBX 1.72 ($0.02) EPS for the quarter, Digital Look Earnings reports. Apax Global Alpha had a return on equity of 0.27% and a net margin of 45.55%.

Apax Global Alpha Stock Up 1.4 %

Shares of Apax Global Alpha stock traded up GBX 1.80 ($0.02) on Thursday, reaching GBX 134 ($1.73). 339,048 shares of the stock were exchanged, compared to its average volume of 728,886. The business has a 50 day moving average price of GBX 136.70 and a two-hundred day moving average price of GBX 140.29. The firm has a market capitalization of £782.38 million, a price-to-earnings ratio of 227.34 and a beta of 0.74. Apax Global Alpha has a twelve month low of GBX 132 ($1.70) and a twelve month high of GBX 161 ($2.08).

About Apax Global Alpha

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.