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Apax Global Alpha (LON:APAX) Stock Passes Above 50-Day Moving Average - Here's What Happened

Apax Global Alpha logo with Financial Services background

Apax Global Alpha (LON:APAX - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 141.14 ($1.72) and traded as high as GBX 142.20 ($1.73). Apax Global Alpha shares last traded at GBX 140.20 ($1.71), with a volume of 599,083 shares trading hands.

Apax Global Alpha Price Performance

The company's 50 day simple moving average is GBX 141.14 and its 200 day simple moving average is GBX 144.27. The company has a market capitalization of £688.52 million, a PE ratio of 1,557.78 and a beta of 0.74.

Apax Global Alpha Company Profile

(Get Free Report)

AGA offers access to a diversified portfolio of high-quality companies by investing in Private Equity Funds advised by Apax. These companies are identified and selected by the Apax team, leveraging their deep sector insights, and drawing on the firm's 50-year experience. Capital not invested in Private Equity is deployed into a portfolio of debt to generate income towards the dividend and additional returns.

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