Alpha Growth (LON:ALGW) Shares Up 47.4% – Time to Buy?

Alpha Growth plc (LON:ALGW)’s share price was up 47.4% on Wednesday . The company traded as high as GBX 0.78 ($0.01) and last traded at GBX 0.70 ($0.01). Approximately 3,125,894 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 2,954,991 shares. The stock had previously closed at GBX 0.48 ($0.01).

Alpha Growth Trading Up 54.7 %

The business’s 50 day simple moving average is GBX 1.17 and its two-hundred day simple moving average is GBX 1.59. The stock has a market cap of £3.53 million, a P/E ratio of -2.27 and a beta of 1.35. The company has a quick ratio of 0.00, a current ratio of 1.02 and a debt-to-equity ratio of 181.14.

Alpha Growth (LON:ALGW) last issued its quarterly earnings data on Tuesday, March 25th. The company reported GBX 0.20 ($0.00) earnings per share for the quarter. Alpha Growth had a negative return on equity of 27.36% and a negative net margin of 38.47%. As a group, analysts expect that Alpha Growth plc will post 0.1096224 EPS for the current year.

About Alpha Growth

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.