Alpha Group International (LON:ALPH) Trading Up 0.2% – Here’s Why

Alpha Group International plc (LON:ALPH)’s stock price traded up 0.2% during trading on Friday . The company traded as high as GBX 2,375 ($31.09) and last traded at GBX 2,360 ($30.89). 122,302 shares were traded during trading, a decline of 61% from the average session volume of 316,689 shares. The stock had previously closed at GBX 2,355 ($30.82).

Alpha Group International Stock Up 0.2 %

The company has a market cap of £988.01 million, a P/E ratio of 10.52 and a beta of 1.71. The firm’s 50 day moving average is GBX 2,510.34 and its two-hundred day moving average is GBX 2,342.68.

Alpha Group International (LON:ALPH) last released its earnings results on Thursday, March 20th. The company reported GBX 86.40 ($1.13) earnings per share (EPS) for the quarter. Alpha Group International had a net margin of 47.11% and a return on equity of 41.96%. As a group, research analysts forecast that Alpha Group International plc will post 94.7462955 EPS for the current fiscal year.

Alpha Group International Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Thursday, April 24th will be paid a GBX 14 ($0.18) dividend. This represents a yield of 0.56%. The ex-dividend date of this dividend is Thursday, April 24th. This is a boost from Alpha Group International’s previous dividend of $4.20. Alpha Group International’s dividend payout ratio (DPR) is 7.58%.

Insider Activity at Alpha Group International

In other news, insider Jayne-Anne Gadhia sold 11,504 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of GBX 2,521 ($33.00), for a total value of £290,015.84 ($379,601.88). 24.00% of the stock is currently owned by insiders.

About Alpha Group International

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.