Altitude Group (LON:ALT) Hits New 12-Month High – Here’s Why

Shares of Altitude Group plc (LON:ALT) reached a new 52-week high during trading on Friday . The company traded as high as GBX 29 and last traded at GBX 28.75, with a volume of 25134 shares. The stock had previously closed at GBX 27.50.

Altitude Group Price Performance

The company has a market capitalization of £21.03 million, a P/E ratio of 37.83 and a beta of 0.59. The firm’s fifty day moving average is GBX 21.71 and its 200 day moving average is GBX 21.93. The company has a debt-to-equity ratio of 21.51, a quick ratio of 2.36 and a current ratio of 1.50.

Insider Activity

In other Altitude Group news, insider Martin Roy Varley bought 52,328 shares of the business’s stock in a transaction dated Friday, June 5th. The shares were purchased at an average price of GBX 20 per share, with a total value of £10,465.60. Insiders purchased a total of 98,452 shares of company stock worth $2,001,288 in the last ninety days. 39.11% of the stock is owned by insiders.

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.