Alta Global Group Stock Today

MMA Stock   1.78  0.11  6.59%   

Performance

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Odds Of Distress

Less than 11

 
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Alta Global is trading at 1.78 as of the 25th of November 2024, a 6.59 percent increase since the beginning of the trading day. The stock's open price was 1.67. Alta Global has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Alta Global Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
28th of March 2024
Category
Consumer Cyclical
Classification
Financials
Alta Global is entity of United States. It is traded as Stock on NYSE MKT exchange. More on Alta Global Group

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Alta Stock Highlights

CEO FounderNicholas Langton
Old NameMalkowski Martech SA
Business ConcentrationFinancial Services, Consumer Cyclical, Financials, Financial Services, Diagnostics & Research, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt13.7 M15.2 M
Moderately Down
Slightly volatile
Total Current Liabilities2.4 M2.6 M
Notably Down
Very volatile
Non Current Liabilities Total177 K186.3 K
Notably Down
Slightly volatile
Total Assets5.7 M5.3 M
Significantly Up
Slightly volatile
Total Current Assets4.1 M3.6 M
Fairly Up
Slightly volatile
Alta Global can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alta Global's financial leverage. It provides some insight into what part of Alta Global's total assets is financed by creditors.
Alta Global Group (MMA) is traded on NYSE MKT Exchange in USA. It is located in 29-33 The Corso, Manly, NSW, Australia, 2095 and employs 24 people. Alta Global is listed under Financial Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 35.43 M. Alta Global Group runs under Financial Services sector within Financials industry.
Check Alta Global Probability Of Bankruptcy

Alta Global Historical Income Statement

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Alta Stock Against Markets

Alta Global Corporate Executives

Elected by the shareholders, the Alta Global's board of directors comprises two types of representatives: Alta Global inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alta. The board's role is to monitor Alta Global's management team and ensure that shareholders' interests are well served. Alta Global's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alta Global's outside directors are responsible for providing unbiased perspectives on the board's policies.
James FleetCofounder CTOProfile
When determining whether Alta Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alta Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alta Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alta Global Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Alta Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Global. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alta Global Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Global's value that differs from its market value or its book value, called intrinsic value, which is Alta Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Global's market value can be influenced by many factors that don't directly affect Alta Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.