Alpha Growth (LON:ALGW) Trading Down 22.2% – Time to Sell?

Shares of Alpha Growth plc (LON:ALGW) traded down 22.2% during mid-day trading on Monday . The company traded as low as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). 265,574 shares were traded during mid-day trading, a decline of 91% from the average session volume of 2,993,564 shares. The stock had previously closed at GBX 0.51 ($0.01).

Alpha Growth Stock Performance

The stock has a market cap of £3.69 million, a price-to-earnings ratio of -2.37 and a beta of 1.35. The company has a debt-to-equity ratio of 181.14, a current ratio of 1.02 and a quick ratio of 0.00. The firm has a fifty day moving average of GBX 1.17 and a 200 day moving average of GBX 1.59.

Alpha Growth (LON:ALGW) last issued its earnings results on Tuesday, March 25th. The company reported GBX 0.20 ($0.00) earnings per share (EPS) for the quarter. Alpha Growth had a negative return on equity of 27.36% and a negative net margin of 38.47%. As a group, sell-side analysts forecast that Alpha Growth plc will post 0.1096224 EPS for the current year.

About Alpha Growth

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.