Apax Global Alpha (LON:APAX) Announces Earnings Results

Apax Global Alpha (LON:APAXGet Free Report) released 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 Performance

Shares of Apax Global Alpha stock traded up GBX 1.90 ($0.02) during midday trading on Thursday, reaching GBX 134.10 ($1.73). 1,171,111 shares of the company’s stock traded hands, compared to its average volume of 746,974. The stock has a 50 day moving average of GBX 136.70 and a 200-day moving average of GBX 140.29. Apax Global Alpha has a 12 month low of GBX 132 ($1.70) and a 12 month high of GBX 161 ($2.08). The company has a market cap of £782.96 million, a PE ratio of 227.51 and a beta of 0.74.

Insider Activity

In other news, insider Alexander Denny acquired 15,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was acquired at an average price of GBX 134 ($1.73) per share, for a total transaction of £20,100 ($25,908.74). Insiders own 14.43% of the company’s stock.

About Apax Global Alpha

(Get Free Report)

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.

Further Reading

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