Anpario (LON:ANP) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Anpario plc (LON:ANP) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 495.45 and traded as low as GBX 461.20. Anpario shares last traded at GBX 480, with a volume of 98,516 shares trading hands.

Analyst Ratings Changes

ANP has been the topic of several recent research reports. Canaccord Genuity Group increased their target price on shares of Anpario from GBX 550 to GBX 570 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Shore Capital Group reaffirmed a “house stock” rating on shares of Anpario in a research report on Monday, January 19th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Anpario presently has an average rating of “Buy” and a consensus price target of GBX 570.

Anpario Stock Performance

The company has a current ratio of 4.32, a quick ratio of 5.16 and a debt-to-equity ratio of 0.22. The business’s 50-day moving average price is GBX 522.51 and its 200-day moving average price is GBX 495.45. The stock has a market cap of £81.34 million, a PE ratio of 16.15 and a beta of 0.92.

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.