Apax Global Alpha (LON:APAX) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Apax Global Alpha (LON:APAX) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 141.14 ($1.72) and traded as high as GBX 142.20 ($1.73). Apax Global Alpha shares last traded at GBX 140.20 ($1.71), with a volume of 599,083 shares trading hands.

Apax Global Alpha Stock Down 1.4 %

The business has a 50 day moving average price of GBX 141.14 and a 200 day moving average price of GBX 144.27. The stock has a market cap of £688.52 million, a PE ratio of 1,557.78 and a beta of 0.74.

Apax Global Alpha Company Profile

AGA offers access to a diversified portfolio of high-quality companies by investing in Private Equity Funds advised by Apax. These companies are identified and selected by the Apax team, leveraging their deep sector insights, and drawing on the firm’s 50-year experience.

Capital not invested in Private Equity is deployed into a portfolio of debt to generate income towards the dividend and additional returns.