Alpha Growth (LON:ALGW) Shares Up 11.5% – Should You Buy?

Alpha Growth plc (LON:ALGW)’s share price shot up 11.5% during trading on Tuesday . The stock traded as high as GBX 0.34 ($0.00) and last traded at GBX 0.30 ($0.00). 11,400,666 shares were traded during trading, an increase of 413% from the average session volume of 2,220,461 shares. The stock had previously closed at GBX 0.27 ($0.00).

Alpha Growth Stock Up 0.2 %

The firm has a market cap of £2.41 million, a price-to-earnings ratio of -1.55 and a beta of 1.35. The firm has a 50 day moving average of GBX 1.26 and a 200 day moving average of GBX 1.64. The company has a quick ratio of 0.00, a current ratio of 1.02 and a debt-to-equity ratio of 181.14.

Alpha Growth (LON:ALGW) last released its quarterly earnings data on Tuesday, March 25th. The company reported GBX 0.20 ($0.00) earnings per share (EPS) for the quarter. Alpha Growth had a negative net margin of 38.47% and a negative return on equity of 27.36%. As a group, sell-side analysts predict that Alpha Growth plc will post 0.1096224 earnings per share for the current year.

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.