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

Key Points

• Anpario shares fell below their 200-day moving average, trading as low as GBX 515 before last changing hands at GBX 517, slightly below the GBX 520.32 long-term average.
• Analyst sentiment remains positive: Canaccord Genuity raised its price target from GBX 570 to GBX 600 and assigned a “buy” rating, while the stock’s average rating is “Buy.”
• Anpario reported quarterly EPS of GBX 22.45, with a 14.53% net margin and 17.05% return on equity; analysts expect full-year EPS of GBX 23.58.

Anpario plc (LON:ANP - Get Free Report) shares passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 520.32 and traded as low as GBX 515. Anpario shares last traded at GBX 517, with a volume of 4,870 shares.

Analysts Set New Price Targets

A number of brokerages have weighed in on ANP. Shore Capital Group reissued a "house stock" rating on shares of Anpario in a research note on Monday, August 17th. Canaccord Genuity Group upped their target price on Anpario from GBX 570 to GBX 600 and gave the company a "buy" rating in a research report on Friday, September 11th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, Anpario has an average rating of "Buy" and an average target price of GBX 600.

Anpario Trading Up 0.4%

The business has a 50 day moving average of GBX 507.18 and a two-hundred day moving average of GBX 520.32. The firm has a market cap of £83.99 million, a P/E ratio of 13.10 and a beta of 1.05. The company has a current ratio of 6.29, a quick ratio of 5.16 and a debt-to-equity ratio of 0.60.

Anpario (LON:ANP - Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The company reported GBX 22.45 EPS for the quarter. Anpario had a net margin of 14.53% and a return on equity of 17.05%. Analysts predict that Anpario plc will post 23.58 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.