Apax Global Alpha (LON:APAX) Hits New 52-Week High - Time to Buy?

Key Points

• Apax Global Alpha has reached a new 52-week high, with stock prices trading at GBX 164.80 ($2.21) during mid-day trading on Monday.
• The company has a market capitalization of £956.37 million and operates with a price-to-earnings ratio of 277.90.
• Investments not allocated in Private Equity are directed towards debt investments to generate income for dividends and additional returns.

Apax Global Alpha (LON:APAX - Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as GBX 164.80 ($2.19) and last traded at GBX 164.40 ($2.18), with a volume of 3688917 shares changing hands. The stock had previously closed at GBX 164.26 ($2.18).

Apax Global Alpha Stock Performance

The firm has a market cap of £950.53 million, a P/E ratio of 276.20 and a beta of 0.74. The business has a 50-day simple moving average of GBX 128.38 and a 200 day simple moving average of GBX 126.39.

About Apax Global Alpha

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.