Altitude Group (LON:ALT) Sets New 12-Month Low – Time to Sell?

Altitude Group plc (LON:ALT) shares reached a new 52-week low on Tuesday . The company traded as low as GBX 22.41 ($0.29) and last traded at GBX 22.41 ($0.29), with a volume of 4487 shares traded. The stock had previously closed at GBX 23 ($0.30).

Altitude Group Trading Down 3.9 %

The company has a quick ratio of 2.36, a current ratio of 1.99 and a debt-to-equity ratio of 3.59. The stock’s 50 day moving average price is GBX 25.13 and its 200-day moving average price is GBX 28.58. The stock has a market capitalization of £16.08 million, a PE ratio of 23.66 and a beta of 1.25.

Insider Buying and Selling

In other news, insider Deborah Wilkinson bought 26,750 shares of Altitude Group stock in a transaction dated Monday, March 10th. The shares were acquired at an average price of GBX 26 ($0.34) per share, with a total value of £6,955 ($9,047.74). Also, insider Graham Feltham purchased 30,364 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The shares were purchased at an average cost of GBX 25 ($0.33) per share, with a total value of £7,591 ($9,875.11). 56.49% of the stock is currently owned by company insiders.

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.