Angling Direct (LON:ANG) Trading Up 1.6% – Here’s What Happened

Angling Direct PLC (LON:ANG)’s share price rose 1.6% during trading on Tuesday . The stock traded as high as GBX 50 and last traded at GBX 49.80. Approximately 54,017 shares changed hands during trading, an increase of 38% from the average daily volume of 39,214 shares. The stock had previously closed at GBX 49.

Angling Direct Stock Performance

The stock has a market capitalization of £35.94 million, a P/E ratio of 19.69 and a beta of 0.68. The company’s 50-day moving average is GBX 52.40 and its two-hundred day moving average is GBX 52.49. The company has a current ratio of 2.43, a quick ratio of 1.50 and a debt-to-equity ratio of 30.74.

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.