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Apax Global Alpha (LON:APAX) Trading Up 17.6% - Here's What Happened

Apax Global Alpha logo with Financial Services background

Apax Global Alpha (LON:APAX - Get Free Report)'s stock price shot up 17.6% during trading on Tuesday . The company traded as high as GBX 164.80 ($2.23) and last traded at GBX 163 ($2.20). 6,283,197 shares changed hands during trading, an increase of 718% from the average session volume of 768,047 shares. The stock had previously closed at GBX 138.60 ($1.87).

Apax Global Alpha Stock Up 0.2%

The stock has a fifty day simple moving average of GBX 124.13 and a 200 day simple moving average of GBX 125.53. The firm has a market capitalization of £959.06 million, a P/E ratio of 278.68 and a beta of 0.74.

About Apax Global Alpha

(Get Free Report)

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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