Alpha Group International (LON:ALPH) Stock Price Up 0.2% – Here’s What Happened

Alpha Group International plc (LON:ALPH)’s share price was up 0.2% on Friday . The company traded as high as GBX 2,375 ($31.09) and last traded at GBX 2,360 ($30.89). Approximately 122,302 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 316,689 shares. The stock had previously closed at GBX 2,355 ($30.82).

Alpha Group International Trading Up 0.2 %

The company has a fifty day moving average of GBX 2,510.34 and a 200-day moving average of GBX 2,342.68. The company has a market capitalization of £988.01 million, a price-to-earnings ratio of 10.52 and a beta of 1.71.

Alpha Group International (LON:ALPH) last posted its quarterly earnings results on Thursday, March 20th. The company reported GBX 86.40 ($1.13) earnings per share for the quarter. Alpha Group International had a net margin of 47.11% and a return on equity of 41.96%. As a group, equities research analysts expect that Alpha Group International plc will post 94.7462955 EPS for the current year.

Alpha Group International Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 24th will be issued a GBX 14 ($0.18) dividend. The ex-dividend date is Thursday, April 24th. This is a boost from Alpha Group International’s previous dividend of $4.20. This represents a yield of 0.56%. Alpha Group International’s dividend payout ratio is currently 7.58%.

Insider Activity

In related news, insider Jayne-Anne Gadhia sold 11,504 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of GBX 2,521 ($33.00), for a total transaction of £290,015.84 ($379,601.88). Corporate insiders own 24.00% of the company’s stock.

About Alpha Group International

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.