Alpha FX Group (LON:AFX) Sets New 12-Month Low at $1,060.00

Shares of Alpha FX Group plc (LON:AFXGet Rating) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 1,060 ($12.87) and last traded at GBX 1,850 ($22.45), with a volume of 16791 shares trading hands. The stock had previously closed at GBX 1,845 ($22.39).

The business’s 50-day moving average price is GBX 2,062.14 and its 200-day moving average price is GBX 1,981.05. The company has a debt-to-equity ratio of 6.71, a quick ratio of 2.10 and a current ratio of 2.16. The stock has a market cap of £780.53 million and a P/E ratio of 19.24.

In related news, insider Tim Butters sold 871 shares of the company’s stock in a transaction on Tuesday, April 19th. The shares were sold at an average price of GBX 2,300 ($27.92), for a total value of £20,033 ($24,314.84).

About Alpha FX Group (LON:AFX)

Alpha FX Group 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. It serves corporates and institutions.

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