Shares of Alpha Group International plc (LON:ALPH – Get Free Report) were down 11.6% during trading on Tuesday . The company traded as low as GBX 2,010 ($26.28) and last traded at GBX 2,086 ($27.28). Approximately 387,321 shares were traded during trading, an increase of 118% from the average daily volume of 177,737 shares. The stock had previously closed at GBX 2,360 ($30.86).
Alpha Group International Price Performance
The business’s 50 day moving average is GBX 2,462.75 and its 200 day moving average is GBX 2,204.71. The stock has a market cap of £874.88 million, a price-to-earnings ratio of 1,157.64 and a beta of 1.74.
Alpha Group International Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, October 11th. Investors of record on Thursday, September 12th will be given a GBX 4.20 ($0.05) dividend. The ex-dividend date is Thursday, September 12th. This represents a yield of 0.17%. Alpha Group International’s dividend payout ratio (DPR) is presently 788.18%.
About Alpha Group International
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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