Anpario (LON:ANP) Stock Price Passes Below Two Hundred Day Moving Average – Here’s Why

Anpario plc (LON:ANP)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 519.71 and traded as low as GBX 510. Anpario shares last traded at GBX 519.50, with a volume of 51,271 shares changing hands.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Shore Capital Group reissued a “house stock” rating on shares of Anpario in a report on Monday, August 17th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 570 target price on shares of Anpario in a research note on Friday, June 26th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 570.

Anpario Trading Up 0.2%

The stock has a market cap of £84.85 million, a P/E ratio of 13.73 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a current ratio of 4.50 and a quick ratio of 5.16. The business’s 50 day simple moving average is GBX 529.71 and its 200 day simple moving average is GBX 519.58.

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.