Apax Global Alpha (LON:APAX) released its quarterly earnings on Tuesday, reporting earnings per share of GBX 1.72 ($0.02). The company achieved a net margin of 45.55% and a return on equity of 0.27%, indicating a solid financial performance for the quarter.

On Thursday, shares of Apax Global Alpha opened at GBX 134.58 ($1.73). Over the past year, the stock has fluctuated between a low of GBX 132 ($1.70) and a high of GBX 161 ($2.08). The company’s 50-day moving average stands at GBX 136.70, while the 200-day moving average is GBX 140.29. Apax Global Alpha has a market capitalization of £785.76 million, a price-to-earnings ratio of 228.33, and a beta of 0.74, suggesting lower volatility compared to the market.

Apax Global Alpha focuses on providing access to a diversified portfolio of high-quality companies through investments in Private Equity Funds advised by Apax. The selection of these companies is based on the Apax team’s extensive sector insights and over 50 years of industry experience. Any capital not allocated to Private Equity is invested in a debt portfolio to generate income, contributing to dividends and additional returns.

In summary, Apax Global Alpha continues to demonstrate strong financial metrics and a strategic investment approach, positioning itself well in the private equity landscape.