Apax Global Alpha (LON:APAX) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Apax Global Alpha (LON:APAXGet Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 141.70 ($1.78) and traded as high as GBX 142.60 ($1.79). Apax Global Alpha shares last traded at GBX 141 ($1.77), with a volume of 92,594 shares.

Apax Global Alpha Stock Up 0.9 %

The stock’s fifty day simple moving average is GBX 141.75 and its 200-day simple moving average is GBX 145.79. The company has a market capitalization of £692.45 million, a PE ratio of 1,566.67 and a beta of 0.74.

Insider Buying and Selling

In other Apax Global Alpha news, insider Alexander Denny acquired 16,737 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was acquired at an average cost of GBX 140 ($1.76) per share, with a total value of £23,431.80 ($29,388.94). 14.43% of the stock is currently owned by insiders.

About Apax Global Alpha

(Get Free Report)

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.

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