Altitude Group (LON:ALT) Hits New 12-Month Low – Here’s What Happened

Shares of Altitude Group plc (LON:ALT) reached a new 52-week low on Tuesday . The stock traded as low as GBX 24 ($0.30) and last traded at GBX 24.25 ($0.30), with a volume of 50516 shares. The stock had previously closed at GBX 25.50 ($0.31).

Altitude Group Trading Up 8.0 %

The business has a 50 day simple moving average of GBX 27.72 and a 200-day simple moving average of GBX 32.38. The stock has a market capitalization of £19.57 million, a price-to-earnings ratio of 2,700.00 and a beta of 1.25. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.99 and a quick ratio of 2.36.

Altitude Group (LON:ALT) last announced its earnings results on Tuesday, December 3rd. The company reported GBX 0.66 ($0.01) earnings per share for the quarter. Altitude Group had a net margin of 2.90% and a return on equity of 6.94%. As a group, equities analysts expect that Altitude Group plc will post 3.0789238 earnings per share for the current year.

About Altitude Group

Altitude Group plc engages in the ownership and development of technology solutions and services in North America, the United Kingdom, and Europe. The company offers patented technology platform to its network with a built-in supply chain, as well as combines an e-commerce trading platform with a cloud-based CRM and order management system for business intelligence requirements; e-commerce web solutions with in-built patented online designer and pre-loaded product databases; patented online design solutions; and virtual sample services that allow personalized design on a product with imprint technique.