Alpha Group International (ALPH)

Sector:

Financials

2,250.00p
   
  • Change Today:
      80.00p
  • 52 Week High: 2,285.00
  • 52 Week Low: 1,480.00
  • Currency: UK Pounds
  • Shares Issued: 42.74m
  • Volume: 122,800
  • Market Cap: £961.65m
  • 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 2,250.00p
Change Today 80.00p
% Change 3.69 %
52 Week High 2,285.00
52 Week Low 1,480.00
Volume 122,800
Shares Issued 42.74m
Market Cap £961.65m
RiskGrade 248

ALPH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.58% below the market average89.58% below the market average89.58% below the market average89.58% below the market average89.58% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average
Price Trend
44.16% above the market average44.16% above the market average44.16% above the market average44.16% above the market average44.16% above the market average
29.31% above the sector average29.31% above the sector average29.31% above the sector average29.31% above the sector average29.31% above the sector average
Income
3.78% below the market average3.78% below the market average3.78% below the market average3.78% below the market average3.78% below the market average
21.21% below the sector average21.21% below the sector average21.21% below the sector average21.21% below the sector average21.21% below the sector average
Growth
84.59% above the market average84.59% above the market average84.59% above the market average84.59% above the market average84.59% 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 14-May-2024

Time Volume / Share Price
16:35 11,172 @ 2,250.00p
16:35 104 @ 2,250.00p
16:35 208 @ 2,250.00p
16:35 64 @ 2,250.00p
16:35 76 @ 2,250.00p

ALPH Key Personnel

CEO Morgan James Tillbrook
CFO Tim Powell

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