Alpha Growth (LON:ALGW) Trading Up 13.3% – Still a Buy?

Alpha Growth plc (LON:ALGWGet Free Report) shot up 13.3% during mid-day trading on Thursday . The company traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). 1,893,641 shares changed hands during mid-day trading, an increase of 203% from the average session volume of 623,956 shares. The stock had previously closed at GBX 1.50 ($0.02).

Alpha Growth Stock Up 20.0 %

The firm’s 50 day simple moving average is GBX 1.60 and its 200-day simple moving average is GBX 1.84. The company has a current ratio of 22.50, a quick ratio of 0.00 and a debt-to-equity ratio of 190.72. The stock has a market capitalization of £8.42 million, a price-to-earnings ratio of -7.43 and a beta of 1.35.

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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