Apax Global Alpha (LON:APAX) Sets New 12-Month Low – Here’s What Happened

Shares of Apax Global Alpha (LON:APAX) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 117.80 ($1.52) and last traded at GBX 117.80 ($1.52), with a volume of 1440070 shares. The stock had previously closed at GBX 119 ($1.54).

Apax Global Alpha Trading Up 0.3 %

The stock has a 50 day simple moving average of GBX 130.25 and a 200-day simple moving average of GBX 137.29. The firm has a market cap of £688.96 million, a PE ratio of 200.20 and a beta of 0.74.

Apax Global Alpha (LON:APAX) last released its earnings results on Tuesday, March 4th. The company reported GBX 1.72 ($0.02) earnings per share (EPS) for the quarter. Apax Global Alpha had a return on equity of 0.27% and a net margin of 45.55%. On average, equities research analysts expect that Apax Global Alpha will post 29.4957983 EPS for the current year.

Insider Activity

In other news, insider Alexander Denny acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average price of GBX 134 ($1.73) per share, for a total transaction of £20,100 ($25,985.78). Company insiders own 14.43% of the company’s stock.

About Apax Global Alpha

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 currently invested in Private Equity is deployed into a portfolio of debt investments to generate income towards the dividend and additional returns.