Altitude Group (LON:ALT) Hits New 12-Month High – Here’s Why

Altitude Group plc (LON:ALT)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 29 and last traded at GBX 28.75, with a volume of 25134 shares trading hands. The stock had previously closed at GBX 27.50.

Altitude Group Price Performance

The company has a debt-to-equity ratio of 21.51, a quick ratio of 2.36 and a current ratio of 1.50. The firm has a fifty day simple moving average of GBX 21.71 and a two-hundred day simple moving average of GBX 21.93. The firm has a market cap of £21.03 million, a PE ratio of 37.83 and a beta of 0.59.

Insider Activity at Altitude Group

In other Altitude Group news, insider Martin Roy Varley bought 52,328 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average cost of GBX 20 per share, with a total value of £10,465.60. In the last ninety days, insiders purchased 98,452 shares of company stock worth $2,001,288. 39.11% of the stock is currently owned by corporate insiders.

Altitude Group Company Profile

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.