Alpha Growth (LON:ALGW) Trading Down 75% – Time to Sell?

Alpha Growth plc (LON:ALGW) dropped 75% on Monday . The company traded as low as GBX 0.26 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 16,571,207 shares changed hands during mid-day trading, an increase of 1,759% from the average daily volume of 891,491 shares. The stock had previously closed at GBX 1.25 ($0.02).

Alpha Growth Stock Down 75.0 %

The company has a debt-to-equity ratio of 181.14, a quick ratio of 0.00 and a current ratio of 1.02. The company has a market capitalization of £1.50 million, a price-to-earnings ratio of -0.96 and a beta of 1.35. The stock’s fifty day simple moving average is GBX 1.45 and its two-hundred day simple moving average is GBX 1.74.

About Alpha Growth

Alpha Growth plc focuses on providing advisory services, strategies, performance monitoring, and analytical services to holders of senior life settlement assets in North America. The company is involved in the fund management and insurance businesses. Alpha Growth plc was incorporated in 2015 and is based in London, the United Kingdom.