Anpario (LON:ANP) Stock Price Crosses Above 200 Day Moving Average - Should You Sell?

Key Points

• Anpario plc's stock has recently crossed above its 200-day moving average, indicating potential bullish momentum.
• The company has a market capitalization of £70.39 million and a notably high P/E ratio of 1,701.06.
• Anpario specializes in producing and distributing natural feed additives aimed at improving animal health and nutrition.

Anpario plc (LON:ANP - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 414.35 ($5.61) and traded as high as GBX 416.44 ($5.64). Anpario shares last traded at GBX 415.40 ($5.63), with a volume of 9,710 shares traded.

Anpario Trading Up 3.9%

The business's 50-day moving average price is GBX 403.65 and its 200 day moving average price is GBX 412.90. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.15 and a quick ratio of 5.16. The firm has a market capitalization of £72.19 million, a price-to-earnings ratio of 1,744.47 and a beta of 0.58.

About Anpario

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.