Shares of Anghami Inc. (NASDAQ:ANGH – Get Free Report) dropped 2.3% during trading on Friday . The company traded as low as $0.68 and last traded at $0.69. Approximately 7,349 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 34,819 shares. The stock had previously closed at $0.70.
Anghami Stock Down 2.3 %
The business’s fifty day moving average price is $0.74 and its 200 day moving average price is $0.79.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Anghami stock. Geode Capital Management LLC boosted its holdings in Anghami Inc. (NASDAQ:ANGH – Free Report) by 70.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,499 shares of the company’s stock after buying an additional 15,145 shares during the quarter. Geode Capital Management LLC owned approximately 0.12% of Anghami worth $29,000 at the end of the most recent reporting period.
About Anghami
Anghami Inc operates a digital music entertainment technology platform in the Middle East and North Africa. It offers digital entertainment and online streaming services, including music, podcasts, music videos, and live events; and a music application and platform that provides Arabic and international music to stream and download.
See Also
- Five stocks we like better than Anghami
- Top Biotech Stocks: Exploring Innovation Opportunities
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- Consumer Discretionary Stocks Explained
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- Quiet Period Expirations Explained
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Receive News & Ratings for Anghami Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anghami and related companies with MarketBeat.com's FREE daily email newsletter.
