Alpha Growth (LON:ALGW) Shares Up 11.5% – Here’s What Happened

Shares of Alpha Growth plc (LON:ALGWGet Free Report) traded up 11.5% during trading on Tuesday . The company traded as high as GBX 0.34 ($0.00) and last traded at GBX 0.30 ($0.00). 11,400,666 shares changed hands during mid-day trading, an increase of 413% from the average session volume of 2,220,461 shares. The stock had previously closed at GBX 0.27 ($0.00).

Alpha Growth Price Performance

The firm has a market cap of £2.41 million, a P/E ratio of -1.55 and a beta of 1.35. The company has a debt-to-equity ratio of 181.14, a current ratio of 1.02 and a quick ratio of 0.00. The company’s 50-day moving average is GBX 1.26 and its two-hundred day moving average is GBX 1.64.

Alpha Growth (LON:ALGWGet Free Report) last issued its quarterly earnings results on Tuesday, March 25th. The company reported GBX 0.20 ($0.00) earnings per share for the quarter. Alpha Growth had a negative net margin of 38.47% and a negative return on equity of 27.36%. Sell-side analysts anticipate that Alpha Growth plc will post 0.1096224 EPS for the current fiscal year.

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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