Alpha Group International (ALPH)

Sector:

Financials

2,350.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 2,440.00
  • 52 Week Low: 1,480.00
  • Currency: UK Pounds
  • Shares Issued: 42.65m
  • Volume: 251,873
  • Market Cap: £1,002.21m
  • RiskGrade: 248

Alpha FX to reinstate dividends, FY earnings expected to beat guidance

By Iain Gilbert

Date: Thursday 03 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Foreign exchange risk management provider Alpha FX Group said on Thursday that strong trading seen during July and August had carried over into the subsequent months.
Alpha stated it had continued to record "a strong performance" in October and November, with second-half revenues across all business divisions growing year-on-year.

The AIM-listed group added that it had also started to see increased levels of cross-selling of additional services to both new and existing clients.

As a result, Alpha now expects full-year earnings to be ahead of expectations and made clear its intention to reinstate a dividend policy at the year-end.

"Mindful of the ongoing uncertainty surrounding Covid-19, the group will also provide a trading update as usual in January 2020," Alpha noted.

As of 1300 GMT, Alpha FX shares were up 2.86% at 1,260.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ALPH Market Data

Currency UK Pounds
Share Price 2,350.00p
Change Today -10.00p
% Change -0.42 %
52 Week High 2,440.00
52 Week Low 1,480.00
Volume 251,873
Shares Issued 42.65m
Market Cap £1,002.21m
RiskGrade 248

ALPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.75% below the market average90.75% below the market average90.75% below the market average90.75% below the market average90.75% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Price Trend
65.91% above the market average65.91% above the market average65.91% above the market average65.91% above the market average65.91% above the market average
39.66% above the sector average39.66% above the sector average39.66% above the sector average39.66% above the sector average39.66% above the sector average
Income
3.14% below the market average3.14% below the market average3.14% below the market average3.14% below the market average3.14% below the market average
22.39% below the sector average22.39% below the sector average22.39% below the sector average22.39% below the sector average22.39% below the sector average
Growth
85.26% above the market average85.26% above the market average85.26% above the market average85.26% above the market average85.26% above the market average
90.83% above the sector average90.83% above the sector average90.83% above the sector average90.83% above the sector average90.83% above the sector average

ALPH Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 21-Sep-23
Paid 10-May-24 20-Oct-23
Amount 12.30p 3.70p

Trades for 28-May-2024

Time Volume / Share Price
16:40 4,000 @ 2,350.00p
16:40 3,806 @ 2,350.00p
13:38 47,953 @ 2,350.00p
13:38 47,953 @ 2,350.00p
15:35 7,633 @ 2,384.00p

ALPH Key Personnel

CEO Morgan James Tillbrook
CFO Tim Powell

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