Altitude Group (LON:ALT) Reaches New 12-Month Low – Time to Sell?

Altitude Group plc (LON:ALTGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as GBX 22.41 ($0.29) and last traded at GBX 22.41 ($0.29), with a volume of 4487 shares changing hands. The stock had previously closed at GBX 23 ($0.30).

Altitude Group Price Performance

The stock has a market cap of £16.30 million, a price-to-earnings ratio of 23.98 and a beta of 1.25. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.99 and a quick ratio of 2.36. The business’s 50-day simple moving average is GBX 25.27 and its two-hundred day simple moving average is GBX 28.72.

Insiders Place Their Bets

In other news, insider Graham Feltham acquired 30,364 shares of the stock in a transaction dated Friday, March 7th. The stock was bought at an average price of GBX 25 ($0.32) per share, with a total value of £7,591 ($9,859.72). Also, insider Deborah Wilkinson acquired 26,750 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was acquired at an average price of GBX 26 ($0.34) per share, with a total value of £6,955 ($9,033.64). Insiders own 56.49% of the company’s stock.

Altitude Group Company Profile

(Get Free Report)

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.

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