Anpario (LON:ANP) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Anpario plc (LON:ANP) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 512.57 and traded as low as GBX 477. Anpario shares last traded at GBX 488.68, with a volume of 121,651 shares traded.

Wall Street Analyst Weigh In

ANP has been the subject of several research reports. Canaccord Genuity Group lifted their price target on Anpario from GBX 570 to GBX 600 and gave the stock a “buy” rating in a research note on Friday, September 11th. Shore Capital Group reiterated a “house stock” rating on shares of Anpario in a research report on Monday, August 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 600.

Anpario Trading Up 1.3%

The firm has a market cap of £79.59 million, a price-to-earnings ratio of 12.88 and a beta of 1.08. The business has a 50 day moving average of GBX 521.38 and a 200 day moving average of GBX 512.57. The company has a quick ratio of 5.16, a current ratio of 6.29 and a debt-to-equity ratio of 0.60.

Anpario (LON:ANP) last announced its earnings results on Wednesday, September 9th. The company reported GBX 22.45 earnings per share for the quarter. Anpario had a net margin of 14.53% and a return on equity of 17.05%. On average, research analysts forecast that Anpario plc will post 23.5757801 earnings per share for the current fiscal year.

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.