Altitude Group (LON:ALT) Hits New 12-Month Low – Should You Sell?

Shares of Altitude Group plc (LON:ALT) reached a new 52-week low on Friday . The stock traded as low as GBX 22.60 ($0.29) and last traded at GBX 24.90 ($0.32), with a volume of 73453 shares traded. The stock had previously closed at GBX 24 ($0.31).

Altitude Group Price Performance

The stock has a market cap of £18.11 million, a P/E ratio of 26.65 and a beta of 1.25. The company has a debt-to-equity ratio of 3.59, a quick ratio of 2.36 and a current ratio of 1.99. The business has a 50 day simple moving average of GBX 25.67 and a 200-day simple moving average of GBX 29.17.

Altitude Group (LON:ALT) last posted its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 0.66 ($0.01) earnings per share for the quarter. Altitude Group had a net margin of 2.90% and a return on equity of 6.70%. On average, sell-side analysts forecast that Altitude Group plc will post 3.0789238 EPS for the current year.

About Altitude Group

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.