Altitude Group (LON:ALT) Stock Passes Below 200 Day Moving Average – Time to Sell?

by · The Markets Daily

Altitude Group plc (LON:ALT – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 22.79 and traded as low as GBX 20. Altitude Group shares last traded at GBX 20.20, with a volume of 223,817 shares trading hands.

Altitude Group Stock Performance

The stock has a market cap of £14.79 million, a PE ratio of 26.61 and a beta of 1.25. The stock has a fifty day moving average of GBX 21.07 and a 200-day moving average of GBX 22.73. The company has a quick ratio of 2.36, a current ratio of 1.99 and a debt-to-equity ratio of 3.59.

Insider Buying and Selling

In other Altitude Group news, insider Martin Roy Varley purchased 30,000 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The shares were purchased at an average cost of GBX 22 per share, for a total transaction of £6,600. Also, insider Deborah Wilkinson sold 99,500 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of GBX 20, for a total value of £19,900. Over the last 90 days, insiders purchased 74,997 shares of company stock worth $1,652,931. Company insiders own 38.16% of the company’s stock.

About Altitude Group

(Get Free Report)

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.

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