After-pay touch group limited, XXXXXXXXXXReference the share price for the last 2 years and link information that may have impacted on the corporation's share price during this time. students will...

ACCOUNTING
Executive Summary
Hereafter the share price for two economic year of Afterpay Touch Group Limited is focused upon. The causes affecting the mentioned share cost is also analysed to have a better idea of Afterpay Touch Group Limited’s financial status. It is thoroughly analysed and criticised based on financial reports, annual reports and general purpose financial report. Through this in the later parts of the paper a theory, based comprehensive analysis is also provided. The study is totally based on Afterpay Touch Group Limited’s financial status and its effect on the market and themselves accumulated from different financial information source that is available.
Table of Contents
Introduction    4
Afterpay Touch Group Limited’s Last 2 Years’ Share Price    4
Issues affecting Afterpay Touch Group Limited’s Share Price    6
Outside Competition:    6
Inquiries:    6
Independent Chairperson:    6
Conclusion    7
Recommendations    7
References    9
Introduction
The company Afterpay Touch Group Limited is by industry is a Financial Technology based company. It is also a consumer-based company as it has shares under the regulation act of ASX. Although the company originally based in Australia, they are operating in the United Kingdom, United States, Australia and New Zealand. The company Afterpay enforced a merger with the Touch group in 2017 to become Afterpay Touch Group. With that, Afterpay took part in the ASX trading community.
Since then, Afterpay has been a leading force in the ‘buy now and pay later’ industry. The company enables its clients to offer pay later services to their customer base. The end customers do not need to pay any kind of pre animated fee or interest. This enables the customer to buy products and pay for them in a fortnight or 4 fortnights. Although failure to make payments in the designated time affects a certain amount of late fee on the customers. In addition, customers need to be over 18 years of age to use this service.
Afterpay Touch Group Limited’s Last 2 Years’ Share Price
The company, Afterpay Touch Group Limited has been a part of the Australian stock exchanges since 2017. It has been a strong ASX market leader since. The stock price at first grew gradually but after June 2018, ASX has been witnessing the significant growth of Afterpay as the growth in volume as well as price. Afterpay Touch Groups is based in Australia but the company does business outside of Australia too. Besides, they are a publicly owned company. For this, they come under the category ASX or Australian Security Exchange and not the Sidney Security Exchange in terms of share market (Westerman, 2017).
 
Figure 1: Afterpay Touch Group’s Last 2 Years’ Shares
(Source: Dumay et al. 2017)
As it can be seen in the graph, the price for shares of the Afterpay Touch Group has been growing significantly in the past two economic years. The company is still providing great dividends to their owners. As of now, the company has 252. 64 million shares in the market. It must be said, the Afterpay Touch Group has a well-established infrastructure since the merger. If they vary the stocks, they cannot only see a gradual growth in their business but also a push to be the leader and redefining positive record marks (Baratta, 2016). Furthermore, for the past 6 months or so, Afterpay Touch has been strong as it has been heavily overbought.
However, the stocks did not get volatile for that, instead, they have maintained a proper support line and roofline. Throughout all kinds of speculations and administrative inquiries and...