Apax Global Alpha (LON:APAX) Hits New 12-Month Low – What’s Next?

Shares of Apax Global Alpha (LON:APAX) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 131.75 ($1.70) and last traded at GBX 131.75 ($1.70), with a volume of 1241 shares. The stock had previously closed at GBX 133.60 ($1.72).

Apax Global Alpha Price Performance

The stock has a market capitalization of £770.82 million, a PE ratio of 223.98 and a beta of 0.74. The firm’s 50 day simple moving average is GBX 136.52 and its 200 day simple moving average is GBX 140.22.

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

Insiders Place Their Bets

In other news, insider Alexander Denny bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were bought at an average cost of GBX 134 ($1.73) per share, with a total value of £20,100 ($25,902.06). Insiders own 14.43% of the company’s stock.

Apax Global Alpha Company Profile

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