Animalcare Group (LON:ANCR) Shares Up 33.6% - Here's Why

Key Points

• Shares surged 33.6% intraday to as high as GBX 335 (last GBX 330), with trading volume up about 45% to 346,974 shares versus the average of 238,534.
• Company profile and valuation: Animalcare is a UK AIM-listed veterinary sales and marketing group operating in Europe, Australia and New Zealand with a market cap of £227.85m and a high PE of 91.67, alongside a current ratio of 1.93, quick ratio of 0.93 and debt-to-equity of 18.56.

Animalcare Group plc (LON:ANCR - ) shares traded up 33.6% during mid-day trading on Thursday . The company traded as high as GBX 335 and last traded at GBX 330. 346,974 shares changed hands during trading, an increase of 45% from the average session volume of 238,534 shares. The stock had previously closed at GBX 247.

Animalcare Group Stock Performance

The company has a market capitalization of £227.85 million, a PE ratio of 91.67 and a beta of 0.49. The company has a current ratio of 1.93, a quick ratio of 0.93 and a debt-to-equity ratio of 18.56. The firm's 50-day simple moving average is GBX 261.58 and its 200-day simple moving average is GBX 251.68.

About Animalcare Group

Animalcare Group plc is a UK AIM-listed international veterinary sales and marketing organisation. Animalcare operates in seven European countries as well as Australia and New Zealand and exports to approximately 40 countries in Europe and worldwide. The Group is focused on bringing new and innovative products to market through its own development pipeline, partnerships and via acquisition. For more information about Animalcare, please visit www.animalcaregroup.com

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