Altitude Group (LON:ALT) Hits New 52-Week Low – Time to Sell?

Altitude Group plc (LON:ALT)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 18 and last traded at GBX 19, with a volume of 59760 shares traded. The stock had previously closed at GBX 18.56.

Altitude Group Stock Performance

The stock has a market cap of £13.90 million, a price-to-earnings ratio of 25.00 and a beta of 0.57. The stock’s 50 day moving average is GBX 20.87 and its two-hundred day moving average is GBX 21.46. The company has a current ratio of 1.50, a quick ratio of 2.36 and a debt-to-equity ratio of 28.96.

Insider Buying and Selling at Altitude Group

In other news, insider Bob Wigley bought 100,000 shares of Altitude Group stock in a transaction dated Friday, April 10th. The stock was bought at an average price of GBX 26 per share, for a total transaction of £26,000. Also, insider Alexander Brennan bought 52,840 shares of Altitude Group stock in a transaction dated Thursday, March 5th. The stock was purchased at an average price of GBX 23 per share, with a total value of £12,153.20. Insiders bought a total of 252,840 shares of company stock valued at $6,115,320 in the last 90 days. Company insiders own 38.20% of the company’s stock.

Altitude Group Company Profile

Altitude Group plc engages in the ownership and development of technology solutions and services in North America, the United Kingdom, and Europe. The company offers patented technology platform to its network with a built-in supply chain, as well as combines an e-commerce trading platform with a cloud-based CRM and order management system for business intelligence requirements; e-commerce web solutions with in-built patented online designer and pre-loaded product databases; patented online design solutions; and virtual sample services that allow personalized design on a product with imprint technique.