Alamo Group Inc. (ALG) changed -2.56% to recent value of $111.26. The stock transacted 85320 shares during most recent day however it has an average volume of 68.97K shares. It spotted trading -5.52% off 52-week high price. On the other end, the stock has been noted 53.46% away from the low price over the last 52-weeks.
Apple Leisure Group®, (“ALG”), one of the world’s leading travel, leisure and hospitality management groups, announced today the appointment of Alejandro Reynal as Chief Executive Officer. In a planned transition, Reynal will succeed Alex Zozaya, who will serve in a full-time capacity as Executive Chairman and lead the Board of Directors. Both appointments are effective September 3, 2019.
In his new role, Reynal will oversee ALG which is comprised of a collection of leading subsidiary companies including AMResorts®, an award-winning resort brand management company with 66 branded resorts; destination management service providers Amstar DMC and Worldstar®; a portfolio of leading vacation brands including Apple Vacations®, Travel Impressions®, CheapCaribbean.com® and Funjet Vacations®; the Unlimited Vacation Club® loyalty program; and technology provider, TriSept Solutions®.
“It gives me great pleasure to welcome Alejandro to ALG as we enter the next phase of the company’s evolution and growth,” said Zozaya. “Over the past 20 years, I have had the privilege to participate in the many stages of ALG’s exciting trajectory – from the creation of AMResorts, a leading provider of exceptional vacation experiences in Mexico, the Caribbean, Costa Rica and Panama, to the Group’s entrance into Europe. I am confident Alejandro will drive innovation across ALG globally, execute the Group’s long-term growth strategy, and bring our vision for the future to life. This is a long-planned transition in which I will remain actively engaged and invested in ALG, and will focus on supporting Alejandro, as well as identifying and executing strategic initiatives for the company.” Zozaya, added, “We are fortunate to have an outstanding leadership team that already represents the best of the best in travel distribution, destination management, resort management and vacation club operations. I want to personally thank the ALG Executive Committee for their contributions, especially our President John Hutchinson, who has been my right hand and an invaluable resource for the past two years.” ALG has a gross margin of 25.10% and an operating margin of 9.90% while its profit margin remained 7.20% for the last 12 months. Its earnings per share (EPS) expected to touch remained 27.70% for this year while earning per share for the next 5-years is expected to reach at 6.60%.
The company has 11.7M of outstanding shares and 11.48M shares were floated in the market. According to the most recent quarter its current ratio was 4.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.64% from the mean of 20 days, 7.67% from mean of 50 days SMA and performed 17.66% from mean of 200 days price. Company’s performance for the week was -0.62%, 2.25% for month and YTD performance remained 43.90%.
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