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

Key Points

• Apax Global Alpha's stock reached a new 52-week high of GBX 165 ($2.24) during mid-day trading, closing at GBX 164.60 ($2.23) with a trading volume of over 1.5 million shares.
• The company has a market capitalization of £794.01 million and boasts a price-to-earnings ratio of 9,569.77, indicating significant growth potential.
• Apax Global Alpha diversifies investments across high-quality companies and debt investments to generate income and returns for dividends.

Apax Global Alpha (LON:APAX - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 165 ($2.23) and last traded at GBX 164.60 ($2.22), with a volume of 1586198 shares traded. The stock had previously closed at GBX 163.40 ($2.21).

Apax Global Alpha Price Performance

The company's 50 day simple moving average is GBX 153.28 and its 200 day simple moving average is GBX 131.51. The firm has a market cap of £792.08 million, a price-to-earnings ratio of -1,500.91 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.