Alpha Growth (LON:ALGW) Shares Up 13.3% – Time to Buy?

Alpha Growth plc (LON:ALGW)’s stock price traded up 13.3% during trading on Thursday . The stock traded as high as GBX 1.70 ($0.02) and last traded at GBX 1.70 ($0.02). 1,893,641 shares were traded during mid-day trading, an increase of 203% from the average session volume of 623,956 shares. The stock had previously closed at GBX 1.50 ($0.02).

Alpha Growth Price Performance

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 firm has a market capitalization of £8.12 million, a P/E ratio of -5.21 and a beta of 1.35. The business has a 50 day simple moving average of GBX 1.59 and a two-hundred day simple moving average of GBX 1.83.

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.