Alpha Group International (LON:ALPH) Posts Quarterly Earnings Results

Alpha Group International (LON:ALPH - Get Free Report) issued its earnings results on Thursday. The company reported GBX 86.40 ($1.12) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Alpha Group International had a net margin of 47.11% and a return on equity of 41.96%.

Alpha Group International Stock Up 1.6 %

LON:ALPH traded up GBX 38.17 ($0.49) during mid-day trading on Monday, hitting GBX 2,500 ($32.30). 203,034 shares of the stock traded hands, compared to its average volume of 313,220. Alpha Group International has a 12-month low of GBX 1,780 ($23.00) and a 12-month high of GBX 2,830 ($36.57). The company has a market cap of £1.05 billion, a PE ratio of 11.14 and a beta of 1.71. The business's 50-day moving average price is GBX 2,506.17 and its 200 day moving average price is GBX 2,321.36.

Alpha Group International Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 24th will be issued a GBX 14 ($0.18) dividend. This represents a dividend yield of 0.56%. This is an increase from Alpha Group International's previous dividend of $4.20. The ex-dividend date of this dividend is Thursday, April 24th. Alpha Group International's dividend payout ratio is presently 7.58%.

Insider Transactions at Alpha Group International

In other Alpha Group International news, insider Jayne-Anne Gadhia sold 11,504 shares of Alpha Group International stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of GBX 2,521 ($32.58), for a total transaction of £290,015.84 ($374,745.88). Insiders own 24.00% of the company's stock.

Alpha Group International Company Profile

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.