Alpha Growth (LON:ALGW) Shares Down 11.1% – Here’s Why

Alpha Growth plc (LON:ALGW) traded down 11.1% on Wednesday . The stock traded as low as GBX 1.17 ($0.01) and last traded at GBX 1.20 ($0.02). 1,675,475 shares were traded during trading, an increase of 209% from the average session volume of 541,910 shares. The stock had previously closed at GBX 1.35 ($0.02).

Alpha Growth Stock Down 11.1 %

The company has a quick ratio of 0.00, a current ratio of 22.50 and a debt-to-equity ratio of 190.72. The firm has a market cap of £5.61 million, a P/E ratio of -7.43 and a beta of 1.35. The company has a fifty day simple moving average of GBX 1.65 and a 200-day simple moving average of GBX 1.85.

Alpha Growth Company Profile

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.