Apax Global Alpha (LON:APAX) Hits New 12-Month Low at $132.93

Apax Global Alpha (LON:APAX)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as GBX 132.93 ($1.65) and last traded at GBX 137.20 ($1.71), with a volume of 611135 shares traded. The stock had previously closed at GBX 143.80 ($1.79).

Apax Global Alpha Trading Down 0.2 %

The company has a market cap of £690.00 million, a PE ratio of -2,860.00 and a beta of 0.77. The firm’s 50-day simple moving average is GBX 149.21 and its two-hundred day simple moving average is GBX 154.89.

Apax Global Alpha Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Thursday, March 14th were issued a GBX 5.64 ($0.07) dividend. This represents a dividend yield of 3.66%. The ex-dividend date was Thursday, March 14th. Apax Global Alpha’s dividend payout ratio (DPR) is currently -24,000.00%.

Insider Activity

In other Apax Global Alpha news, insider Tim J. Breedon acquired 8,000 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were acquired at an average cost of GBX 146 ($1.82) per share, with a total value of £11,680 ($14,540.02). Insiders own 14.14% of the company’s stock.

Apax Global Alpha Company Profile

Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in private equity funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities.