ANGLE (LON:AGL) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

ANGLE plc (LON:AGL) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 9.06 ($0.11) and traded as high as GBX 13.33 ($0.17). ANGLE shares last traded at GBX 12.50 ($0.16), with a volume of 4,330,772 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 70 ($0.89) price target on shares of ANGLE in a research report on Thursday, September 26th.

ANGLE Stock Performance

The company has a debt-to-equity ratio of 17.22, a current ratio of 5.19 and a quick ratio of 6.18. The stock has a fifty day moving average price of GBX 9.06 and a two-hundred day moving average price of GBX 13.28. The company has a market cap of £37.25 million, a P/E ratio of -178.57 and a beta of 0.22.

ANGLE Company Profile

ANGLE plc, a medical diagnostic company, engages in developing cancer diagnostics products in Europe, North America, and the United Kingdom. The company develops and commercializes Parsortix cell separation system, which captures and harvests circulating tumor cells in metastatic breast cancer patient blood; and HyCEAD.