Altitude Group (LON:ALT) Reaches New 52-Week Low – Here’s What Happened

Altitude Group plc (LON:ALT) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 22.41 ($0.29) and last traded at GBX 22.41 ($0.29), with a volume of 4487 shares changing hands. The stock had previously closed at GBX 23 ($0.30).

Altitude Group Price Performance

The company has a debt-to-equity ratio of 3.59, a quick ratio of 2.36 and a current ratio of 1.99. The company has a market capitalization of £16.30 million, a price-to-earnings ratio of 23.98 and a beta of 1.25. The company has a 50-day moving average price of GBX 25.27 and a 200-day moving average price of GBX 28.72.

Insider Transactions at Altitude Group

In other news, insider Graham Feltham purchased 30,364 shares of the company’s stock in a transaction on Friday, March 7th. The shares were purchased at an average price of GBX 25 ($0.32) per share, with a total value of £7,591 ($9,859.72). Also, insider Deborah Wilkinson purchased 26,750 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were acquired at an average cost of GBX 26 ($0.34) per share, with a total value of £6,955 ($9,033.64). Insiders own 56.49% 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.