Altitude Group (LON:ALT) Stock Price Up 8.3% – Still a Buy?

Shares of Altitude Group plc (LON:ALT) rose 8.3% during trading on Thursday . The company traded as high as GBX 26.04 ($0.33) and last traded at GBX 26 ($0.33). Approximately 91,906 shares were traded during mid-day trading, an increase of 190% from the average daily volume of 31,691 shares. The stock had previously closed at GBX 24 ($0.30).

Altitude Group Stock Performance

The company’s 50-day moving average price is GBX 26.91 and its two-hundred day moving average price is GBX 31.18. The company has a debt-to-equity ratio of 3.59, a quick ratio of 2.36 and a current ratio of 1.99. The stock has a market cap of £19.30 million, a PE ratio of 2,663.30 and a beta of 1.25.

Altitude Group (LON:ALT) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 0.66 ($0.01) EPS for the quarter. Altitude Group had a return on equity of 6.94% and a net margin of 2.90%. On average, equities research analysts forecast that Altitude Group plc will post 3.0789238 EPS for the current year.

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.