Apax Global Alpha (LON:APAX) Hits New 52-Week High at $159.50

Apax Global Alpha Ltd (LON:APAX) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 159.50 ($2.08) and last traded at GBX 159.50 ($2.08), with a volume of 131487 shares. The stock had previously closed at GBX 155 ($2.03).

The company has a market cap of $783.31 million and a P/E ratio of 8.22. The company’s 50-day moving average is GBX 154.22 and its two-hundred day moving average is GBX 127.36.

The business also recently declared a dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 22nd will be given a dividend of GBX 4.86 ($0.06) per share. The ex-dividend date is Thursday, August 22nd. This represents a yield of 3.18%. This is a positive change from Apax Global Alpha’s previous dividend of $4.12. Apax Global Alpha’s dividend payout ratio is presently 0.41%.

About Apax Global Alpha (LON:APAX)

Apax Global Alpha Limited is a United Kingdom-based closed-ended investment company. The Company’s investment objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. The Company provides investors with access to the investment of Apax Partners LLP, a private equity advisory firm.

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