Alpha Group International plc (LON:ALPH) Insider Acquires £521,250 in Stock

Alpha Group International plc (LON:ALPH - Get Free Report) insider Clive Ian Kahn purchased 25,000 shares of the stock in a transaction on Friday, October 11th. The stock was bought at an average cost of GBX 2,085 ($27.23) per share, for a total transaction of £521,250 ($680,660.75).

Clive Ian Kahn also recently made the following trade(s):

• On Tuesday, October 1st, Clive Ian Kahn purchased 25,000 shares of Alpha Group International stock. The stock was bought at an average cost of GBX 2,207 ($28.82) per share, for a total transaction of £551,750 ($720,488.38).
• On Thursday, September 12th, Clive Ian Kahn bought 25,000 shares of Alpha Group International stock. The shares were acquired at an average cost of GBX 2,117 ($27.64) per share, for a total transaction of £529,250 ($691,107.34).
• On Tuesday, September 10th, Clive Ian Kahn bought 50,000 shares of Alpha Group International stock. The shares were acquired at an average cost of GBX 2,077 ($27.12) per share, for a total transaction of £1,038,500 ($1,356,098.20).

Alpha Group International Stock Up 1.4 %

Shares of ALPH traded up GBX 30 ($0.39) during mid-day trading on Monday, hitting GBX 2,160 ($28.21). 157,469 shares of the company's stock were exchanged, compared to its average volume of 180,830. Alpha Group International plc has a 52 week low of GBX 1,460 ($19.07) and a 52 week high of GBX 2,630 ($34.34). The stock's 50-day simple moving average is GBX 2,329.52 and its 200-day simple moving average is GBX 2,287.07. The firm has a market cap of £913.03 million, a price-to-earnings ratio of 1,000.00 and a beta of 1.71.

Alpha Group International Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 11th. Stockholders of record on Thursday, September 12th were issued a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 0.17%. Alpha Group International's dividend payout ratio is presently 787.04%.

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.