AltPlus Inc. faced a challenging week, with its stock closing at ¥91.00 on Friday, reflecting a 9.90% decline from the previous close of ¥101.00. The stock traded within a range of ¥87.00 to ¥98.00 during the week, falling towards the lower end of its 52-week range of ¥78.00 to ¥177.00.
The week began with the stock opening at ¥96.00 on Monday and maintaining relatively low volatility as it traded within a narrow range. By Friday, the downward pressure intensified, with the stock closing at ¥91.00 after hitting a daily low of ¥87.00.
Despite the drop, trading volume saw a significant increase, with 907,000 shares exchanged on Friday, surpassing the average volume of 662,300.
AltPlus Inc.’s market capitalisation is now ¥1.89 billion, and the company’s negative earnings per share (EPS) of -¥18.41, along with an absence of a price-to-earnings (PE) ratio, reflects ongoing financial challenges. The stock’s beta of 0.67 indicates lower volatility relative to the broader market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.