Alpha Group International (LON:ALPH) Sets New 52-Week High - Still a Buy?

Key Points

• Alpha Group International plc has reached a new 52-week high, with shares trading as high as GBX 4,240 ($56.69), reflecting a solid performance in the market.
• The company reported earnings of GBX 49.70 per share for the last quarter, with a return on equity of 41.96% and a net margin of 47.11%.
• Alpha Group International specializes in foreign exchange risk management and alternative banking solutions, serving both domestic and international clients.

Alpha Group International plc (LON:ALPH - Get Free Report)'s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 4,240 ($56.69) and last traded at GBX 4,235 ($56.63), with a volume of 111277 shares trading hands. The stock had previously closed at GBX 4,230 ($56.56).

Alpha Group International Price Performance

The firm has a market cap of £1.79 billion, a price-to-earnings ratio of 22.29 and a beta of 1.71. The company has a fifty day moving average price of GBX 4,189.64 and a two-hundred day moving average price of GBX 3,513.41.

Alpha Group International (LON:ALPH - Get Free Report) last announced its quarterly earnings data 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, research analysts expect that Alpha Group International plc will post 94.7462955 earnings per share for the current fiscal year.

About Alpha Group International

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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