Angling Direct (LON:ANG) Trading Up 1% – Here’s What Happened
by Michael Walen · The Markets DailyAngling Direct PLC (LON:ANG – Get Free Report)’s stock price was up 1% during trading on Tuesday . The company traded as high as GBX 50 and last traded at GBX 50. 11,379 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 87,242 shares. The stock had previously closed at GBX 49.50.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 78 target price on shares of Angling Direct in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Angling Direct presently has a consensus rating of “Buy” and a consensus target price of GBX 78.
Get Our Latest Report on Angling Direct
Angling Direct Trading Up 1.0%
The company’s 50-day moving average is GBX 49.59 and its 200-day moving average is GBX 51.14. The company has a debt-to-equity ratio of 31.21, a quick ratio of 1.50 and a current ratio of 2.61. The firm has a market cap of £36.27 million, a price-to-earnings ratio of 17.99 and a beta of 0.64.
Angling Direct (LON:ANG – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported GBX 2.81 earnings per share for the quarter. Angling Direct had a net margin of 1.99% and a return on equity of 5.06%. The firm had revenue of £103.90 million during the quarter. On average, research analysts predict that Angling Direct PLC will post 1.9191919 earnings per share for the current year.
About Angling Direct
Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with an established and growing presence in Europe. Headquartered in Norfolk UK, the Company sells fishing tackle products and related equipment through its network of approximately 50 UK retail stores, as well as through its leading digital platform (www.anglingdirect.co.uk) and the MyAD Fishing Club app. The Company has three further native language websites in its key European territories (www.anglingdirect.de, .fr, .nl), with orders fulfilled by its international distribution centre in The Netherlands.