Apax Global Alpha (LON:APAX) Releases Earnings Results

Apax Global Alpha (LON:APAX) announced its quarterly earnings results on Tuesday. The company reported GBX 1.72 ($0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Apax Global Alpha had a return on equity of 0.27% and a net margin of 45.55%.

Apax Global Alpha Trading Up 1.4 %

Shares of APAX traded up GBX 1.80 ($0.02) during mid-day trading on Thursday, hitting GBX 134 ($1.73). The company’s stock had a trading volume of 339,048 shares, compared to its average volume of 728,886. Apax Global Alpha has a 1-year low of GBX 132 ($1.70) and a 1-year high of GBX 161 ($2.08). The firm has a market capitalization of £782.38 million, a P/E ratio of 227.34 and a beta of 0.74. The firm has a 50-day simple moving average of GBX 136.70 and a 200 day simple moving average of GBX 140.29.

About Apax Global Alpha

AGA offers access to a diversified portfolio of high-quality companies by investing in Private Equity Funds advised by Apax. These companies are identified and selected by the Apax team, leveraging their deep sector insights, and drawing on the firm’s 50-year experience.

Capital not invested in Private Equity is deployed into a portfolio of debt to generate income towards the dividend and additional returns.