AlTi Global, Inc. (NASDAQ:ALTI - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.64 and traded as high as $4.54. AlTi Global shares last traded at $4.33, with a volume of 163,796 shares traded.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on the stock. Wall Street Zen upgraded shares of AlTi Global from a "strong sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Zacks Research upgraded shares of AlTi Global to a "strong sell" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, AlTi Global presently has an average rating of "Sell".
Get Our Latest Stock Analysis on ALTI
AlTi Global Trading Down 0.2%
The firm's 50-day moving average is $4.27 and its two-hundred day moving average is $3.65. The stock has a market cap of $623.26 million, a price-to-earnings ratio of -2.37 and a beta of 0.81.
Institutional Trading of AlTi Global
Large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets purchased a new stake in AlTi Global during the 4th quarter valued at about $25,000. Tower Research Capital LLC TRC grew its stake in AlTi Global by 158.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,644 shares of the basic materials company's stock valued at $40,000 after acquiring an additional 5,912 shares in the last quarter. AQR Capital Management LLC purchased a new stake in AlTi Global during the 1st quarter valued at about $42,000. Dimensional Fund Advisors LP purchased a new stake in AlTi Global during the 4th quarter valued at about $44,000. Finally, Invesco Ltd. purchased a new stake in AlTi Global during the 4th quarter valued at about $46,000. Hedge funds and other institutional investors own 3.57% of the company's stock.
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.
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