Anpario (LON:ANP) Reaches New 1-Year High – Here’s Why

Anpario plc (LON:ANP)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 580 and last traded at GBX 569.88, with a volume of 11124 shares trading hands. The stock had previously closed at GBX 562.22.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ANP. Canaccord Genuity Group boosted their target price on Anpario from GBX 550 to GBX 570 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Shore Capital Group reiterated a “house stock” rating on shares of Anpario in a report on Monday, January 19th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 570.

Anpario Price Performance

The company has a current ratio of 6.15, a quick ratio of 5.16 and a debt-to-equity ratio of 0.10. The business’s fifty day moving average is GBX 512.25 and its 200 day moving average is GBX 485.43. The company has a market cap of £96.57 million, a P/E ratio of 19.17 and a beta of 0.58.

About Anpario

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.