Altitude Group (ALT)

Sector:

Media

Index:

FTSE AIM All-Share

 30.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 52.00
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 71.14m
  • Volume: 6,869
  • Market Cap: £21.34m
  • RiskGrade: 490

Altitude enthusiastic on future as order frequencies continue to grow

By Iain Gilbert

Date: Tuesday 27 Nov 2018

LONDON (ShareCast) - (Sharecast News) - Promotional products software provider Altitude Group has traded in line with management expectations so far this year and expects to be "broadly in line" with market forecasts for the full year.
Altitude, which turned in a first-half operating loss of £700,000 back in September, revealed order frequencies had "grown consistently" throughout the third quarter, demonstrating growing traction with ordering members and confirming that regular interaction between 'member' clients and its engagement team had directly correlated to increased order throughput.

The company operates a software as a service model where it provides of technology and information services to the promotional products, print and clothing industries.

Chief executive Nichole Stella, said: "As we approach the end of 2018 and begin preparations for the new year, I am enthusiastic about the traction that is building in both users on the platform and in transactional throughput and fee revenue across the AIMPro platform."

"We look forward to the future with the confidence as we continue to build on the momentum within the AIM member base."

In a separate announcement, Altitude revealed it had appointed former Revolution Bars chairman Keith Edelman to its board as an independent non-executive director.

As of 1030 GMT, Altitude shares had slipped 2.62% to 83.55p.

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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.

 

Altitude Group Market Data

Currency UK Pounds
Share Price 30.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 52.00
52 Week Low 27.50
Volume 6,869
Shares Issued 71.14m
Market Cap £21.34m
RiskGrade 490

Altitude Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.2% below the market average67.2% below the market average67.2% below the market average67.2% below the market average67.2% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
44.8% below the market average44.8% below the market average44.8% below the market average44.8% below the market average44.8% below the market average
36.17% below the sector average36.17% below the sector average36.17% below the sector average36.17% below the sector average36.17% below the sector average
Income Not Available
Growth
80.86% above the market average80.86% above the market average80.86% above the market average80.86% above the market average80.86% above the market average
86.36% above the sector average86.36% above the sector average86.36% above the sector average86.36% above the sector average86.36% above the sector average

Altitude Group Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
15:40 580 @ 31.00p
14:17 5,000 @ 29.24p
10:48 1,250 @ 29.72p
10:45 32 @ 30.99p
10:06 7 @ 30.99p

Altitude Group Key Personnel

CEO Nichole Stella
COO Deborah Wilkinson
CFO Graham Feltham

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