Alpha Group International (LON:ALPH) Trading 0.1% Higher - Here's Why

Key Points

• Alpha Group International's share price increased by 0.1% to GBX 4,204.66 ($56.68) despite a 56% decline in trading volume compared to its average session.
• The company reported a net margin of 47.11% and a return on equity of 41.96% in its recent quarterly earnings, with an earnings per share of GBX 49.70.
• Alpha Group International specializes in foreign exchange risk management and alternative banking solutions, servicing clients both in the UK and internationally.

Alpha Group International plc (LON:ALPH - Get Free Report)'s share price traded up 0.1% on Wednesday . The company traded as high as GBX 4,205 ($56.69) and last traded at GBX 4,204.66 ($56.68). 198,873 shares changed hands during trading, a decline of 56% from the average session volume of 448,587 shares. The stock had previously closed at GBX 4,200 ($56.62).

Alpha Group International Trading Up 0.1%

The business's 50-day moving average is GBX 4,176.59 and its two-hundred day moving average is GBX 3,340.90. The stock has a market capitalization of £1.78 billion, a PE ratio of 1,986.14 and a beta of 1.71.

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