Altitude Group (LON:ALT) Reaches New 52-Week Low – Here’s Why

Altitude Group plc (LON:ALT) shares reached a new 52-week low on Wednesday. The company traded as low as GBX 18 and last traded at GBX 18, with a volume of 93 shares traded. The stock had previously closed at GBX 19.

Altitude Group Stock Up 1.1%

The stock has a market capitalization of £14.08 million, a PE ratio of -58.18 and a beta of 0.59. The firm has a 50 day moving average of GBX 20.24 and a two-hundred day moving average of GBX 22.08. The company has a current ratio of 1.43, a quick ratio of 2.36 and a debt-to-equity ratio of 8.14.

Insider Buying and Selling at Altitude Group

In other news, insider Richard Sowerby purchased 14,500 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average price of GBX 23 per share, with a total value of £3,335. 36.49% of the stock is currently owned by corporate insiders.

Altitude Group Company Profile

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.