Apax Global Alpha (LON:APAX) Hits New 1-Year High at $159.50

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Apax Global Alpha Ltd (LON:APAX)’s share price hit 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 stock has a market cap of $783.31 million and a P/E ratio of 8.22. The firm’s fifty day moving average price is GBX 154.22 and its 200-day moving average price is GBX 127.36.

The company also recently announced a dividend, which will be paid on Friday, September 13th. Stockholders of record on Thursday, August 22nd will be issued a GBX 4.86 ($0.06) dividend. This is a boost from Apax Global Alpha’s previous dividend of $4.12. The ex-dividend date is Thursday, August 22nd. This represents a dividend yield of 3.18%. Apax Global Alpha’s dividend payout ratio (DPR) is currently 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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