ANGLE (LON:AGL) Shares Pass Above Fifty Day Moving Average – What’s Next?

ANGLE plc (LON:AGL) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 12.12 ($0.15) and traded as high as GBX 13.89 ($0.18). ANGLE shares last traded at GBX 13.01 ($0.16), with a volume of 646,425 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 40 ($0.50) price target on shares of ANGLE in a report on Wednesday, January 29th.

ANGLE Price Performance

The company has a market cap of £41.91 million, a price-to-earnings ratio of -1.92 and a beta of 0.22. The company has a fifty day simple moving average of GBX 12.12 and a two-hundred day simple moving average of GBX 11.17. The company has a quick ratio of 6.18, a current ratio of 5.19 and a debt-to-equity ratio of 17.22.

ANGLE Company Profile

ANGLE plc, a medical diagnostic company, engages in developing cancer diagnostics products in Europe, North America, and the United Kingdom. The company develops and commercializes Parsortix cell separation system, which captures and harvests circulating tumor cells in metastatic breast cancer patient blood; and HyCEAD.