Alpha Group International plc (LON:ALPH - Get Free Report)'s stock price shot up 2.7% during trading on Wednesday . The stock traded as high as GBX 2,320 ($30.20) and last traded at GBX 2,280 ($29.68). 110,153 shares changed hands during trading, a decline of 38% from the average session volume of 176,528 shares. The stock had previously closed at GBX 2,220 ($28.90).
Alpha Group International Stock Performance
The firm's 50-day moving average price is GBX 2,209.33 and its 200 day moving average price is GBX 2,305.70. The company has a market cap of £988.42 million, a price-to-earnings ratio of 1,069.44 and a beta of 1.71.
Alpha Group International Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, October 11th. Shareholders of record on Thursday, September 12th were paid a GBX 4.20 ($0.05) dividend. This represents a yield of 0.17%. The ex-dividend date of this dividend was Thursday, September 12th. Alpha Group International's payout ratio is currently 787.04%.
Insider Buying and Selling at Alpha Group International
In other Alpha Group International news, insider Clive Ian Kahn acquired 50,000 shares of the business's stock in a transaction dated Tuesday, September 10th. The shares were acquired at an average price of GBX 2,077 ($27.04) per share, with a total value of £1,038,500 ($1,351,861.49). Over the last quarter, insiders have purchased 125,000 shares of company stock valued at $264,075,000. 24.00% of the stock is currently owned by corporate insiders.
Alpha Group International Company Profile
(
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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.
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