Apax Global Alpha (LON:APAX) Reaches New 12-Month Low – What’s Next?

Apax Global Alpha (LON:APAX)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 132 ($1.63) and last traded at GBX 132.80 ($1.64), with a volume of 73716 shares. The stock had previously closed at GBX 133 ($1.64).

Apax Global Alpha Price Performance

The firm’s 50 day moving average is GBX 138.74 and its 200 day moving average is GBX 141.84. The company has a market capitalization of £650.86 million, a PE ratio of 1,472.57 and a beta of 0.74.

About Apax Global Alpha

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.