Apax Global Alpha (LON:APAX) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Apax Global Alpha (LON:APAX) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 141.14 ($1.72) and traded as high as GBX 142.20 ($1.73). Apax Global Alpha shares last traded at GBX 140.20 ($1.71), with a volume of 599,083 shares traded.

Apax Global Alpha Price Performance

The stock has a market cap of £688.52 million, a price-to-earnings ratio of 1,557.78 and a beta of 0.74. The firm has a fifty day moving average of GBX 141.14 and a 200 day moving average of GBX 144.27.

Apax Global Alpha Company Profile

AGA offers access to a diversified portfolio of high-quality companies by investing in Private Equity Funds advised by Apax. These companies are identified and selected by the Apax team, leveraging their deep sector insights, and drawing on the firm’s 50-year experience.

Capital not invested in Private Equity is deployed into a portfolio of debt to generate income towards the dividend and additional returns.