Altitude Group (LON:ALT) Trading 5.1% Higher – Still a Buy?

Altitude Group plc (LON:ALT)’s share price shot up 5.1% on Thursday . The company traded as high as GBX 33.70 ($0.44) and last traded at GBX 32.58 ($0.43). 160,000 shares traded hands during trading, an increase of 115% from the average session volume of 74,369 shares. The stock had previously closed at GBX 31 ($0.40).

Altitude Group Stock Down 4.4 %

The company has a quick ratio of 2.36, a current ratio of 1.99 and a debt-to-equity ratio of 3.59. The stock has a market capitalization of £23.55 million, a P/E ratio of 3,250.00 and a beta of 1.25. The company has a fifty day moving average price of GBX 32.31 and a 200-day moving average price of GBX 36.32.

Altitude Group Company Profile

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.