Altitude Group (LON:ALT) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Shares of Altitude Group plc (LON:ALT) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 34.76 ($0.44) and traded as low as GBX 27 ($0.34). Altitude Group shares last traded at GBX 28 ($0.35), with a volume of 13,650 shares trading hands.

Altitude Group Price Performance

The stock has a fifty day moving average of GBX 30.48 and a 200 day moving average of GBX 34.76. The stock has a market cap of £20.29 million, a price-to-earnings ratio of 2,800.00 and a beta of 1.25. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.99 and a quick ratio of 2.36.

Altitude Group Company Profile

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.