AlTi Global, Inc. (NASDAQ:ALTI - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $3.36 and last traded at $3.47, with a volume of 105134 shares changing hands. The stock had previously closed at $3.58.
AlTi Global Stock Performance
The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $485.21 million, a price-to-earnings ratio of -1.98 and a beta of 0.71. The stock has a 50-day simple moving average of $4.13 and a 200-day simple moving average of $4.13.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Northern Trust Corp raised its stake in shares of AlTi Global by 2.5% in the 4th quarter. Northern Trust Corp now owns 336,209 shares of the basic materials company's stock valued at $1,483,000 after purchasing an additional 8,113 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in AlTi Global in the fourth quarter valued at about $44,000. Barclays PLC raised its stake in AlTi Global by 16.7% during the fourth quarter. Barclays PLC now owns 51,874 shares of the basic materials company's stock valued at $229,000 after buying an additional 7,417 shares in the last quarter. Invesco Ltd. bought a new position in AlTi Global during the 4th quarter worth approximately $46,000. Finally, Wells Fargo & Company MN grew its position in shares of AlTi Global by 30.8% in the 4th quarter. Wells Fargo & Company MN now owns 20,245 shares of the basic materials company's stock worth $89,000 after acquiring an additional 4,764 shares in the last quarter. 3.57% of the stock is currently owned by institutional investors.
About AlTi Global
(
Get Free Report)
AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.
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