Alpha Growth (LON:ALGW) Shares Down 22.2% – Time to Sell?

Alpha Growth plc (LON:ALGW) was down 22.2% during trading on Monday . The stock traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). Approximately 265,574 shares traded hands during trading, a decline of 91% from the average daily volume of 2,993,564 shares. The stock had previously closed at GBX 0.51 ($0.01).

Alpha Growth Stock Down 22.2 %

The company has a current ratio of 1.02, a quick ratio of 0.00 and a debt-to-equity ratio of 181.14. The stock has a market cap of £1.92 million, a P/E ratio of -1.23 and a beta of 1.35. The company’s 50 day moving average price is GBX 1.22 and its two-hundred day moving average price is GBX 1.62.

Alpha Growth (LON:ALGW) last released its quarterly earnings results on Tuesday, March 25th. The company reported GBX 0.20 ($0.00) earnings per share for the quarter. Alpha Growth had a negative net margin of 38.47% and a negative return on equity of 27.36%. Equities analysts forecast that Alpha Growth plc will post 0.1096224 earnings per share for the current year.

Alpha Growth Company Profile

Alpha Growth plc focuses on providing advisory services, strategies, performance monitoring, and analytical services to holders of senior life settlement assets in North America. The company is involved in the fund management and insurance businesses. Alpha Growth plc was incorporated in 2015 and is based in London, the United Kingdom.