Alpha Group International (LON:ALPH) Reaches New 1-Year High - What's Next?

Key Points

• Alpha Group International shares hit a new 52-week high at GBX 4,236.11 ($56.78) during trading, indicating strong interest with a volume of 103,915 shares.
• The company reported a return on equity of 41.96% and a net margin of 47.11% in its latest earnings results, suggesting solid profitability.
• Analysts forecast that Alpha Group will post 94.75 earnings per share for the current year, indicating positive future expectations for the company's performance.

Alpha Group International plc (LON:ALPH - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 4,236.11 ($56.78) and last traded at GBX 4,235 ($56.77), with a volume of 103915 shares traded. The stock had previously closed at GBX 4,200 ($56.30).

Alpha Group International Stock Performance

The business has a fifty day simple moving average of GBX 4,184.56 and a 200-day simple moving average of GBX 3,457.64. The stock has a market capitalization of £1.79 billion, a P/E ratio of 2,227.19 and a beta of 1.71.

Alpha Group International (LON:ALPH - Get Free Report) last issued its earnings results on Tuesday, September 9th. The company reported GBX 49.70 earnings per share for the quarter. Alpha Group International had a return on equity of 41.96% and a net margin of 47.11%. On average, sell-side analysts anticipate that Alpha Group International plc will post 94.7462955 earnings per share for the current year.

Alpha Group International Company Profile

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.

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