Apax Global Alpha (LON:APAX) Stock Price Crosses Below 50 Day Moving Average of $178.89

Apax Global Alpha Limited (LON:APAXGet Rating)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 178.89 ($2.16) and traded as low as GBX 163.80 ($1.97). Apax Global Alpha shares last traded at GBX 165.78 ($2.00), with a volume of 175,303 shares traded.

Apax Global Alpha Trading Up 1.1 %

The company has a market cap of £827.01 million and a PE ratio of 276.31. The firm has a 50 day moving average of GBX 178.89 and a two-hundred day moving average of GBX 193.72.

Insider Buying and Selling at Apax Global Alpha

In other news, insider Christopher Ambler purchased 6,605 shares of the company’s stock in a transaction dated Tuesday, June 28th. The shares were purchased at an average cost of GBX 182 ($2.19) per share, for a total transaction of £12,021.10 ($14,483.25).

About Apax Global Alpha

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Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities.

Further Reading

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