Altitude Group plc (LON:ALT – Get Free Report)’s stock price traded up 12.5% on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 27 ($0.37) and last traded at GBX 27 ($0.37). 138,350 shares traded hands during trading, an increase of 92% from the average session volume of 72,115 shares. The stock had previously closed at GBX 24 ($0.32).
Specifically, insider Alexander Brennan bought 60,606 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were purchased at an average price of £2,475 per share, with a total value of £149,999,850. Also, insider Martin Roy Varley purchased 85,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 9th. The stock was bought at an average cost of GBX 23 per share, with a total value of £19,550. In other news, insider Martin Roy Varley bought 20,000 shares of Altitude Group stock in a transaction on Friday, September 5th. The shares were purchased at an average price of GBX 23 per share, for a total transaction of £4,600.
Altitude Group Trading Up 12.1%
The company has a current ratio of 1.99, a quick ratio of 2.36 and a debt-to-equity ratio of 3.59. The company has a market cap of £19.61 million, a PE ratio of 1,660.49 and a beta of 1.25. The stock has a 50 day moving average price of GBX 21.48 and a 200 day moving average price of GBX 22.54.
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.
Featured Stories
- Five stocks we like better than Altitude Group
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Part of the Club: Robinhood & AppLovin Soar on S&P 500 Inclusion
- What is a Low P/E Ratio and What Does it Tell Investors?
- Despite Pullback, Rocket Lab Still Looks Primed for a Breakout
- How to trade using analyst ratings
- Analyst Upgrades Strengthen Microsoft’s Long-Term Outlook
Receive News & Ratings for Altitude Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altitude Group and related companies with MarketBeat.com's FREE daily email newsletter.
