Clive Ian Kahn Buys 50,000 Shares of Alpha Group International plc (LON:ALPH) Stock

Alpha Group International plc (LON:ALPH) insider Clive Ian Kahn purchased 50,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were bought at an average price of GBX 2,077 ($27.16) per share, with a total value of £1,038,500 ($1,358,048.91).

Alpha Group International Trading Up 5.1 %

Alpha Group International stock opened at GBX 2,150 ($28.12) on Friday. The business’s 50 day simple moving average is GBX 2,453.28 and its 200 day simple moving average is GBX 2,213.60. Alpha Group International plc has a 12 month low of GBX 1,460 ($19.09) and a 12 month high of GBX 2,630 ($34.39). The company has a market cap of £911.60 million, a price-to-earnings ratio of 995.37 and a beta of 1.71.

Alpha Group International Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 12th will be given a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 0.17%. Alpha Group International’s dividend payout ratio is presently 787.04%.

Alpha Group International Company Profile

Alpha Group International 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.