The stock of Apax Global Alpha Ltd (LON:APAX) reached all time high today, Oct, 19 and still has GBX 201.76 target or 47.00% above today’s GBX 137.25 share price. This indicates more upside for the GBX 674.72M company. This technical setup was reported by Barchart.com. If the GBX 201.76 PT is reached, the company will be worth GBX 317.12 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 1.95% or GBX 2.62 on October 19, hitting GBX 137.25. About 87,366 shares traded hands. Apax Global Alpha Ltd (LON:APAX) has risen 16.07% since March 21, 2016 and is uptrending. It has outperformed by 10.52% the S&P500.
More news for Apax Global Alpha Ltd (LON:APAX) were recently published by: Wsj.com, which released: “Apax Executives to Sell Personal Holdings to Public” on June 09, 2015. Law360.com‘s article titled: “Apax Investment Vehicle Charts $278M London IPO” and published on May 22, 2015 is yet another important article.
Apax Global Alpha Limited is a closed-ended investment company. The company has a market cap of 674.72 million GBP. The Company’s investment objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. It has a 19.16 P/E ratio. The Firm invests in private equity and derived investments.
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