Altitude Group (LON:ALT) Share Price Crosses Below Fifty Day Moving Average of $108.96

Altitude Group PLC (LON:ALT) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $108.96 and traded as low as $109.30. Altitude Group shares last traded at $110.50, with a volume of 24,100 shares.

Separately, FinnCap reaffirmed a “corporate” rating on shares of Altitude Group in a research note on Wednesday, April 10th.

The company has a market capitalization of $76.01 million and a price-to-earnings ratio of -25.11. The firm has a 50 day simple moving average of GBX 109.12. The company has a debt-to-equity ratio of 1.87, a current ratio of 2.33 and a quick ratio of 1.01.

In other Altitude Group news, insider Martin Roy Varley sold 75,000 shares of the firm’s stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of GBX 108 ($1.41), for a total value of £81,000 ($105,840.85).

Altitude Group Company Profile (LON:ALT)

Altitude Group plc provides technology and information solutions to the print, promotional, and clothing industries in the North America and the United Kingdom. The company enables the buyers and sellers of products to interact and trade, through the provision of technology, promotional products, Websites, magazines, search portals, business management software, catalogues, and exhibition services.

Further Reading: Cost of Debt

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