Anpario (LON:ANP) Share Price Breaks Below 200 Day Moving Average – Time to Sell?

Anpario plc (LON:ANP) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 520.32 and traded as low as GBX 515. Anpario shares last traded at GBX 517, with a volume of 4,870 shares traded.

Analysts Set New Price Targets

Several research firms have commented on ANP. Canaccord Genuity Group lifted their target price on shares of 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 reissued a “house stock” rating on shares of Anpario in a research note on Monday, August 17th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of GBX 600.

Anpario Trading Up 0.4%

The company has a market capitalization of £83.99 million, a PE ratio of 13.10 and a beta of 1.05. The firm’s 50 day moving average is GBX 507.18 and its 200 day moving average is GBX 520.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 6.29 and a quick ratio of 5.16.

Anpario (LON:ANP) last announced its earnings results on Wednesday, September 9th. The company reported GBX 22.45 EPS for the quarter. Anpario had a return on equity of 17.05% and a net margin of 14.53%. As a group, equities analysts predict that Anpario plc will post 23.58 EPS for the current 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.