ANGLE (LON:AGL) Stock Crosses Below 200 Day Moving Average – What’s Next?

ANGLE plc (LON:AGL) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 10.73 ($0.14) and traded as low as GBX 9.50 ($0.12). ANGLE shares last traded at GBX 9.60 ($0.12), with a volume of 1,123,393 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 40 ($0.52) price target on shares of ANGLE in a report on Wednesday, January 29th.

ANGLE Price Performance

The firm has a market cap of £30.94 million, a PE ratio of -1.42 and a beta of 0.22. The company has a debt-to-equity ratio of 17.22, a current ratio of 5.19 and a quick ratio of 6.18. The stock’s fifty day moving average price is GBX 12.34 and its 200-day moving average price is GBX 10.73.

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.