Altitude Group (LON:ALT) Hits New 1-Year Low – Here’s What Happened

Altitude Group plc (LON:ALT) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 23.50 ($0.29) and last traded at GBX 24.40 ($0.30), with a volume of 105722 shares trading hands. The stock had previously closed at GBX 25 ($0.31).

Altitude Group Trading Down 3.0 %

The company has a debt-to-equity ratio of 3.59, a quick ratio of 2.36 and a current ratio of 1.99. The firm has a market capitalization of £16.87 million, a P/E ratio of 2,328.00 and a beta of 1.25. The firm has a 50 day simple moving average of GBX 27.21 and a two-hundred day simple moving average of GBX 31.73.

Altitude Group (LON:ALT) last released its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 0.66 ($0.01) earnings per share for the quarter. Altitude Group had a net margin of 2.90% and a return on equity of 6.94%. Equities research analysts forecast that Altitude Group plc will post 3.0789238 earnings per share for the current year.

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.