Anpario (LON:ANP) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Shares of Anpario plc (LON:ANP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 379.80 ($4.97) and traded as low as GBX 375 ($4.91). Anpario shares last traded at GBX 385 ($5.04), with a volume of 52,911 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ANP. Canaccord Genuity Group lifted their price objective on shares of Anpario from GBX 380 ($4.97) to GBX 500 ($6.54) and gave the company a “buy” rating in a research report on Tuesday, January 14th. Shore Capital reiterated a “house stock” rating on shares of Anpario in a report on Monday, March 31st.

Anpario Price Performance

The business has a fifty day moving average of GBX 418.54 and a two-hundred day moving average of GBX 379.80. The firm has a market capitalization of £65.68 million, a price-to-earnings ratio of 21.26 and a beta of 0.58. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.16 and a current ratio of 6.15.

Anpario (LON:ANP) last released its quarterly earnings data on Monday, March 31st. The company reported GBX 28.40 ($0.37) EPS for the quarter. Anpario had a net margin of 9.23% and a return on equity of 8.74%. As a group, research analysts predict that Anpario plc will post 23.5757801 EPS for the current fiscal year.

Anpario Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 10th will be issued a GBX 8 ($0.10) dividend. This is a boost from Anpario’s previous dividend of $3.25. This represents a yield of 2.09%. The ex-dividend date is Thursday, July 10th. Anpario’s dividend payout ratio is currently 60.74%.

Insiders Place Their Bets

In other news, insider Marc Wilson bought 3,778 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The shares were bought at an average price of GBX 398 ($5.21) per share, with a total value of £15,036.44 ($19,681.20). Company insiders own 30.51% of the company’s stock.

Anpario Company Profile

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.