Apax Global Alpha (LON:APAX) Hits New 52-Week High - Here's What Happened

Key Points

• Apax Global Alpha (LON:APAX) achieved a new 52-week high during trading, reaching GBX 164.80 ($2.20), with a last trading price of GBX 164.64 ($2.20).
• The company has a market capitalization of £956.37 million and a P/E ratio of 277.90, indicating higher valuation relative to earnings.
• Apax Global Alpha invests in a diversified portfolio of high-quality companies through Private Equity Funds and also focuses on debt investments for generating income.

Apax Global Alpha (LON:APAX - )'s stock price hit a new 52-week high during trading on Thursday . The company traded as high as GBX 164.80 ($2.20) and last traded at GBX 164.64 ($2.20), with a volume of 993781 shares traded. The stock had previously closed at GBX 164.40 ($2.20).

Apax Global Alpha Trading Down 0.4%

The business's fifty day simple moving average is GBX 133.04 and its 200 day simple moving average is GBX 127.18. The stock has a market cap of £956.37 million, a P/E ratio of 277.90 and a beta of 0.74.

Apax Global Alpha Company Profile

AGA offers access to a diversified portfolio of high-quality companies by investing in Private Equity Funds advised by Apax. These companies are identified and selected by the Apax team, leveraging their deep sector insights, and drawing on the firm's 50-year experience. Capital not currently invested in Private Equity is deployed into a portfolio of debt investments to generate income towards the dividend and additional returns.

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