Apax Global Alpha (LON:APAX) Reaches New 12-Month Low – Should You Sell?

Apax Global Alpha (LON:APAX) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 100.12 ($1.29) and last traded at GBX 101.52 ($1.31), with a volume of 1400157 shares traded. The stock had previously closed at GBX 113.20 ($1.46).

Apax Global Alpha Price Performance

The firm’s fifty day moving average is GBX 128.97 and its 200 day moving average is GBX 136.75. The firm has a market capitalization of £594.61 million, a price-to-earnings ratio of 172.78 and a beta of 0.74.

Apax Global Alpha (LON:APAX) last issued its earnings results on Tuesday, March 4th. The company reported GBX 1.72 ($0.02) earnings per share (EPS) for the quarter. Apax Global Alpha had a net margin of 45.55% and a return on equity of 0.27%. Equities research 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 bought 15,000 shares of Apax Global Alpha stock in a transaction on Wednesday, March 5th. The stock was purchased at an average cost of GBX 134 ($1.73) per share, for a total transaction of £20,100 ($25,908.74). 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.