AlTi Global (NASDAQ:ALTI - Get Free Report) released its quarterly earnings data on Monday. The basic materials company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.10), Zacks reports. AlTi Global had a negative net margin of 41.51% and a positive return on equity of 2.31%. The company had revenue of $57.96 million for the quarter, compared to the consensus estimate of $56.00 million.
AlTi Global Trading Up 4.8%
Shares of NASDAQ:ALTI traded up $0.16 during trading on Thursday, reaching $3.48. The company's stock had a trading volume of 19,054 shares, compared to its average volume of 142,768. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.17. AlTi Global has a 12 month low of $2.33 and a 12 month high of $5.45. The stock has a market capitalization of $494.99 million, a PE ratio of -1.99 and a beta of 0.75. The firm's 50 day simple moving average is $3.12 and its two-hundred day simple moving average is $3.78.
Institutional Trading of AlTi Global
An institutional investor recently raised its position in AlTi Global stock. Invesco Ltd. raised its position in AlTi Global, Inc. (NASDAQ:ALTI - Free Report) by 262.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,900 shares of the basic materials company's stock after purchasing an additional 27,455 shares during the quarter. Invesco Ltd.'s holdings in AlTi Global were worth $115,000 as of its most recent SEC filing. 3.57% of the stock is owned by hedge funds and other institutional investors.
AlTi Global Company Profile
(
Get Free Report)
AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.
Featured Articles
Before you consider AlTi Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AlTi Global wasn't on the list.
While AlTi Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
