Anpario (LON:ANP) Stock Price Breaks Below 200 Day Moving Average – Here’s What Happened

Anpario plc (LON:ANP) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 514.32 and traded as low as GBX 500. Anpario shares last traded at GBX 517.80, with a volume of 27,730 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ANP. Shore Capital Group reiterated a “house stock” rating on shares of Anpario in a report on Monday, August 17th. Canaccord Genuity Group boosted their price objective on shares of Anpario from GBX 570 to GBX 600 and gave the company a “buy” rating in a research report on Friday, September 11th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 600.

Anpario Stock Performance

The firm has a market cap of £83.03 million, a price-to-earnings ratio of 12.95 and a beta of 1.08. The stock has a 50-day moving average of GBX 509.64 and a 200-day moving average of GBX 514.83. The company has a debt-to-equity ratio of 0.60, a quick ratio of 5.16 and a current ratio of 6.29.

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

Anpario Company Profile

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.