Altitude Group (LON:ALT) Reaches New 52-Week Low – Time to Sell?

Shares of Altitude Group plc (LON:ALT) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 23.50 ($0.29) and last traded at GBX 24.40 ($0.30), with a volume of 105722 shares. The stock had previously closed at GBX 25 ($0.31).

Altitude Group Price Performance

The stock has a market cap of £17.68 million, a price-to-earnings ratio of 2,440.00 and a beta of 1.25. The company has a 50 day simple moving average of GBX 27.30 and a 200-day simple moving average of GBX 31.79. The company has a current ratio of 1.99, a quick ratio of 2.36 and a debt-to-equity ratio of 3.59.

Altitude Group (LON:ALT) last announced its earnings results on Tuesday, December 3rd. The company reported GBX 0.66 ($0.01) earnings per share (EPS) for the quarter. Altitude Group had a return on equity of 6.94% and a net margin of 2.90%. Research analysts expect that Altitude Group plc will post 3.0789238 EPS for the current year.

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.