Apax Global Alpha (LON:APAX) Hits New 12-Month Low – Here’s Why

Apax Global Alpha (LON:APAXGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 132 ($1.62) and last traded at GBX 132 ($1.62), with a volume of 346826 shares trading hands. The stock had previously closed at GBX 135 ($1.66).

Apax Global Alpha Stock Performance

The business’s fifty day moving average price is GBX 139.64 and its 200-day moving average price is GBX 142.77. The stock has a market cap of £651.20 million, a PE ratio of 1,473.33 and a beta of 0.74.

About Apax Global Alpha

(Get Free Report)

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 invested in Private Equity is deployed into a portfolio of debt to generate income towards the dividend and additional returns.

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