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

Shares of Apax Global Alpha (LON:APAX) hit a new 52-week low on Tuesday . The stock traded as low as GBX 132 ($1.64) and last traded at GBX 132.80 ($1.65), with a volume of 73716 shares traded. The stock had previously closed at GBX 133 ($1.66).

Apax Global Alpha Stock Performance

The company has a fifty day simple moving average of GBX 138.47 and a two-hundred day simple moving average of GBX 141.58. The firm has a market capitalization of £649.23 million, a PE ratio of 1,468.89 and a beta of 0.74.

Apax Global Alpha Company Profile

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.