Altitude Group (LON:ALT) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Altitude Group plc (LON:ALT) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 22.64 and traded as low as GBX 20. Altitude Group shares last traded at GBX 22.77, with a volume of 15,659 shares trading hands.

Altitude Group Stock Performance

The firm has a market cap of £16.66 million, a PE ratio of 29.96 and a beta of 1.25. The company has a current ratio of 1.99, a quick ratio of 2.36 and a debt-to-equity ratio of 3.59. The firm’s 50 day simple moving average is GBX 21.29 and its 200 day simple moving average is GBX 22.64.

Insider Buying and Selling

In other Altitude Group news, insider Deborah Wilkinson sold 99,500 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of GBX 20, for a total transaction of £19,900. Also, insider Alexander Brennan acquired 23,675 shares of Altitude Group stock in a transaction on Monday, January 19th. The stock was purchased at an average cost of GBX 21 per share, for a total transaction of £4,971.75. Over the last three months, insiders have bought 98,672 shares of company stock worth $2,150,106. Corporate insiders own 38.16% of the company’s stock.

About Altitude Group

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.