Alta Global Group (MMA) Stock Price, News & Analysis

Company Overview

Alta Global Group, traded on the NYSE under the symbol MMA, is a publicly traded alternative asset manager specializing in private credit and direct lending. The firm focuses on providing flexible financing solutions to middle-market companies across a range of industries, aiming to deliver risk-adjusted returns to its investors. Its business model encompasses originating, structuring and managing a broad spectrum of debt investments, with an emphasis on senior-secured and unitranche loan facilities.

The company’s product offerings include bespoke credit funds, co-investment platforms and customized financing structures designed to meet the capital needs of corporate borrowers. In addition to direct lending, Alta Global Group offers asset management and advisory services, overseeing portfolios of loans and structured credit instruments. This diversified suite of services supports a broad client base that includes institutional investors, pension funds and private wealth clients.

Headquartered in the United States, Alta Global Group primarily serves the North American market, sourcing investment opportunities through a network of origination partners and strategic relationships. Leveraging a team of seasoned investment professionals, the firm applies a disciplined approach to underwriting and portfolio management, emphasizing thorough due diligence and active monitoring of its credit exposures. Alta Global Group continues to pursue growth through targeted expansions in its credit strategies and the development of new investment vehicles tailored to market demand.

Key Stats

• Today's Range: $0.85 to $0.94
• 50-Day Range: $0.80 to $1.35
• 52-Week Range: $0.60 to $4.11
• Volume: 297,486 shs
• Average Volume: 620,085 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MMA Stock Analysis - Frequently Asked Questions

How have MMA shares performed this year?

Alta Global Group's stock was trading at $1.41 at the start of the year. Since then, MMA stock has decreased by 35.5% and is now trading at $0.91.

When did Alta Global Group IPO?

Alta Global Group (MMA) raised $6 million in an initial public offering (IPO) on Thursday, March 28th 2024. The company issued 1,300,000 shares at a price of $4.00-$6.00 per share. ThinkEquity served as the underwriter for the IPO.

How do I buy shares of Alta Global Group?

Shares of MMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Services – Misc. Business Services
• Sub-Industry: Business Services
• Current Symbol: NYSE:MMA
• CIK: 1981519
• Web: N/A
• Phone: 61 1800 151 865
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $562.31 thousand
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A