Alpha Growth (LON:ALGW) Stock Price Up 11.5% – Here’s What Happened

Alpha Growth plc (LON:ALGW)’s share price rose 11.5% on Tuesday . The company traded as high as GBX 0.34 ($0.00) and last traded at GBX 0.30 ($0.00). Approximately 11,400,666 shares traded hands during trading, an increase of 413% from the average daily volume of 2,220,461 shares. The stock had previously closed at GBX 0.27 ($0.00).

Alpha Growth Stock Up 28.3 %

The firm has a 50 day simple moving average of GBX 1.29 and a two-hundred day simple moving average of GBX 1.66. The company has a current ratio of 1.02, a quick ratio of 0.00 and a debt-to-equity ratio of 181.14. The company has a market capitalization of £1.85 million, a PE ratio of -1.19 and a beta of 1.35.

Alpha Growth Company Profile

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.