Angi Inc. (NASDAQ:ANGI - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 359,321 shares were traded during trading, an increase of 71% from the previous session's volume of 209,952 shares.The stock last traded at $11.83 and had previously closed at $11.60.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on ANGI. JMP Securities decreased their price objective on Angi from $30.00 to $27.50 and set a "market outperform" rating for the company in a report on Thursday, February 13th. StockNews.com raised shares of Angi from a "hold" rating to a "buy" rating in a research report on Wednesday. Citigroup lowered their target price on Angi from $18.00 to $14.00 and set a "neutral" rating on the stock in a research note on Friday. Finally, Royal Bank of Canada dropped their price objective on shares of Angi from $27.50 to $17.00 and set a "sector perform" rating for the company in a research note on Tuesday, April 15th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $27.25.
Get Our Latest Stock Analysis on Angi
Angi Price Performance
The business's 50 day moving average is $14.73 and its 200-day moving average is $17.91. The firm has a market capitalization of $612.64 million, a P/E ratio of 154.02 and a beta of 1.88. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.47.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Squarepoint Ops LLC bought a new stake in shares of Angi in the fourth quarter worth $74,000. Two Sigma Advisers LP grew its position in shares of Angi by 40.1% in the 4th quarter. Two Sigma Advisers LP now owns 724,518 shares of the technology company's stock valued at $1,203,000 after buying an additional 207,300 shares during the last quarter. Two Sigma Investments LP increased its stake in shares of Angi by 27.7% in the fourth quarter. Two Sigma Investments LP now owns 732,077 shares of the technology company's stock valued at $1,215,000 after buying an additional 158,662 shares during the period. State of Wyoming acquired a new position in shares of Angi in the fourth quarter worth approximately $69,000. Finally, Graham Capital Management L.P. bought a new stake in Angi in the fourth quarter valued at approximately $46,000. Institutional investors own 12.84% of the company's stock.
Angi Company Profile
(
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Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.
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