Alpha Growth (LON:ALGW) Shares Up 4% – Here’s Why

Alpha Growth plc (LON:ALGWGet Free Report) shot up 4% on Friday . The stock traded as high as GBX 1.42 ($0.02) and last traded at GBX 1.30 ($0.02). 1,781,206 shares changed hands during mid-day trading, an increase of 201% from the average session volume of 591,482 shares. The stock had previously closed at GBX 1.25 ($0.02).

Alpha Growth Trading Up 8.5 %

The business’s 50 day simple moving average is GBX 1.65 and its 200-day simple moving average is GBX 1.85. The company has a debt-to-equity ratio of 190.72, a current ratio of 22.50 and a quick ratio of 0.00. The stock has a market capitalization of £6.60 million, a P/E ratio of -7.43 and a beta of 1.35.

About Alpha Growth

(Get Free Report)

Alpha Growth plc focuses on providing advisory services, strategies, performance monitoring, and analytical services to holders of senior life settlement assets in North America. The company is involved in the fund management and insurance businesses. Alpha Growth plc was incorporated in 2015 and is based in London, the United Kingdom.

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