Altitude Group (LON:ALT) Hits New 12-Month High – Should You Buy?

Altitude Group plc (LON:ALT) shares reached a new 52-week high on Friday . The company traded as high as GBX 29 and last traded at GBX 28.75, with a volume of 25134 shares traded. The stock had previously closed at GBX 27.50.

Altitude Group Stock Performance

The firm has a market cap of £21.03 million, a P/E ratio of 37.83 and a beta of 0.59. The company has a current ratio of 1.50, a quick ratio of 2.36 and a debt-to-equity ratio of 21.51. The company’s 50-day moving average is GBX 21.84 and its two-hundred day moving average is GBX 21.98.

Insider Activity at Altitude Group

In related news, insider Martin Roy Varley bought 26,124 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were bought at an average price of GBX 22 per share, for a total transaction of £5,747.28. Insiders purchased 98,452 shares of company stock valued at $2,001,288 over the last three months. Corporate insiders own 39.11% of the company’s stock.

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.