Apax Global Alpha (LON:APAX) Sets New 52-Week Low – Should You Sell?

Apax Global Alpha (LON:APAX) reached a new 52-week low on Tuesday . The stock traded as low as GBX 132 ($1.67) and last traded at GBX 132.40 ($1.67), with a volume of 606807 shares trading hands. The stock had previously closed at GBX 132.60 ($1.67).

Apax Global Alpha Stock Performance

The firm has a market cap of £772.61 million, a PE ratio of 224.50 and a beta of 0.74. The firm has a fifty day simple moving average of GBX 137.43 and a two-hundred day simple moving average of GBX 140.61.

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.