AlTi Global (NASDAQ:ALTI) Issues Earnings Results

AlTi Global (NASDAQ:ALTI) issued its earnings results on Thursday. The basic materials company reported ($0.63) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.65), RTT News reports. The business had revenue of $53.33 million for the quarter, compared to the consensus estimate of $74.60 million. AlTi Global had a positive return on equity of 2.31% and a negative net margin of 41.51%. During the same quarter in the prior year, the business earned ($0.88) EPS.

AlTi Global Trading Down 12.2 %

Shares of AlTi Global stock opened at $2.66 on Friday. AlTi Global has a 1 year low of $2.40 and a 1 year high of $6.99. The firm has a market cap of $371.94 million, a PE ratio of -1.52 and a beta of 0.73. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.05 and a quick ratio of 4.05. The company has a 50 day simple moving average of $3.72 and a two-hundred day simple moving average of $4.03.

About AlTi Global

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.