Alpha Growth (LON:ALGW) Stock Price Down 7% – Here’s What Happened

Alpha Growth plc (LON:ALGW)’s stock price fell 7% on Tuesday . The stock traded as low as GBX 1.63 ($0.02) and last traded at GBX 1.67 ($0.02). 1,009,969 shares traded hands during trading, an increase of 31% from the average session volume of 769,958 shares. The stock had previously closed at GBX 1.80 ($0.02).

Alpha Growth Stock Down 7.0 %

The company has a market cap of £7.83 million, a price-to-earnings ratio of -7.43 and a beta of 1.35. The company has a current ratio of 22.50, a quick ratio of 0.00 and a debt-to-equity ratio of 190.72. The business has a fifty day moving average price of GBX 1.91 and a two-hundred day moving average price of GBX 1.89.

Alpha Growth Company Profile

Alpha Growth plc focuses on providing advisory services, strategies, performance monitoring, and analytical services to holders of senior life settlement assets in North America. The company is involved in the fund management and insurance businesses. Alpha Growth plc was incorporated in 2015 and is based in London, the United Kingdom.