Apax Global Alpha (LON:APAX) Reaches New 52-Week Low – Should You Sell?

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

Apax Global Alpha Price Performance

The company has a market capitalization of £684.80 million, a price-to-earnings ratio of 198.99 and a beta of 0.74. The stock has a 50 day moving average price of GBX 131.17 and a two-hundred day moving average price of GBX 137.65.

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 for the quarter. Apax Global Alpha had a return on equity of 0.27% and a net margin of 45.55%. Sell-side analysts forecast that Apax Global Alpha will post 29.4957983 EPS for the current fiscal year.

Insider Buying and Selling at Apax Global Alpha

In other Apax Global Alpha news, insider Alexander Denny acquired 15,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of GBX 134 ($1.73) per share, for a total transaction of £20,100 ($25,989.14). Corporate 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.