ANGLE (LON:AGL) Stock Price Up 14.3% – Here’s What Happened

ANGLE plc (LON:AGL) rose 14.3% during mid-day trading on Tuesday . The company traded as high as GBX 12.99 ($0.16) and last traded at GBX 12.58 ($0.16). Approximately 1,308,476 shares were traded during mid-day trading, an increase of 96% from the average daily volume of 666,717 shares. The stock had previously closed at GBX 11 ($0.14).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 70 ($0.86) target price on shares of ANGLE in a research report on Thursday, September 26th.

ANGLE Stock Performance

The firm’s 50-day moving average price is GBX 10.51 and its two-hundred day moving average price is GBX 11.24. The company has a quick ratio of 6.18, a current ratio of 5.19 and a debt-to-equity ratio of 17.22. The firm has a market capitalization of £40.32 million, a PE ratio of -178.57 and a beta of 0.22.

About ANGLE

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.