Altitude Group (LON:ALT) Trading Down 3.8% – Time to Sell?

Altitude Group plc (LON:ALT) traded down 3.8% on Thursday . The company traded as low as GBX 19.90 and last traded at GBX 20. 122,182 shares were traded during trading, an increase of 79% from the average session volume of 68,202 shares. The stock had previously closed at GBX 20.80.

Altitude Group Stock Performance

The firm’s fifty day moving average is GBX 24.61 and its 200-day moving average is GBX 23.05. The company has a current ratio of 1.99, a quick ratio of 2.36 and a debt-to-equity ratio of 3.59. The stock has a market capitalization of £15.87 million, a PE ratio of 13.44 and a beta of 1.25.

Insider Activity at Altitude Group

In related news, insider Alexander Brennan bought 60,606 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was purchased at an average price of £2,475 per share, for a total transaction of £149,999,850. Also, insider Martin Roy Varley bought 115,473 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was purchased at an average cost of GBX 22 per share, for a total transaction of £25,404.06. Over the last 90 days, insiders bought 394,201 shares of company stock worth $15,007,754,700. Company insiders own 37.96% of the company’s stock.

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.