Altitude Group (LON:ALT) Hits New 1-Year Low – Here’s Why

Altitude Group plc (LON:ALT) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 24 ($0.30) and last traded at GBX 24.25 ($0.30), with a volume of 50516 shares changing hands. The stock had previously closed at GBX 25.50 ($0.31).

Altitude Group Price Performance

The company has a market cap of £19.57 million, a price-to-earnings ratio of 2,700.00 and a beta of 1.25. The company’s 50 day moving average price is GBX 27.72 and its 200 day moving average price is GBX 32.38. The company has a debt-to-equity ratio of 3.59, a quick ratio of 2.36 and a current ratio of 1.99.

Altitude Group (LON:ALT) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 0.66 ($0.01) earnings per share for the quarter. Altitude Group had a net margin of 2.90% and a return on equity of 6.94%. On average, equities research analysts predict that Altitude Group plc will post 3.0789238 earnings per share for the current fiscal year.

About Altitude Group

Altitude Group plc engages in the ownership and development of technology solutions and services in North America, the United Kingdom, and Europe. The company offers patented technology platform to its network with a built-in supply chain, as well as combines an e-commerce trading platform with a cloud-based CRM and order management system for business intelligence requirements; e-commerce web solutions with in-built patented online designer and pre-loaded product databases; patented online design solutions; and virtual sample services that allow personalized design on a product with imprint technique.