Apax Global Alpha (LON:APAX) Sets New 1-Year Low at $132.93

Shares of Apax Global Alpha (LON:APAX) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 132.93 ($1.65) and last traded at GBX 137.20 ($1.71), with a volume of 611135 shares traded. The stock had previously closed at GBX 143.80 ($1.79).

Apax Global Alpha Price Performance

The company has a fifty day moving average price of GBX 149.74 and a two-hundred day moving average price of GBX 155.10. The firm has a market cap of £682.63 million, a price-to-earnings ratio of -2,900.00 and a beta of 0.77.

Apax Global Alpha Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 14th were issued a GBX 5.64 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 3.66%. Apax Global Alpha’s dividend payout ratio is currently -24,000.00%.

Insider Transactions at Apax Global Alpha

In related news, insider Tim J. Breedon purchased 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 4th. The stock was acquired at an average price of GBX 146 ($1.82) per share, for a total transaction of £11,680 ($14,540.02). Corporate insiders own 14.14% of the company’s stock.

About Apax Global Alpha

Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in private equity funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities.