Angling Direct (LON:ANG) Stock Price Up 1.6% – Here’s Why

Angling Direct PLC (LON:ANG) rose 1.6% during mid-day trading on Tuesday . The company traded as high as GBX 50 and last traded at GBX 49.80. Approximately 54,017 shares were traded during trading, an increase of 38% from the average daily volume of 39,214 shares. The stock had previously closed at GBX 49.

Angling Direct Trading Up 1.6%

The firm has a market capitalization of £36.36 million, a price-to-earnings ratio of 19.92 and a beta of 0.68. The company has a debt-to-equity ratio of 30.74, a quick ratio of 1.50 and a current ratio of 2.43. The company has a 50-day moving average price of GBX 52.51 and a 200-day moving average price of GBX 52.51.

About Angling Direct

Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with an established and growing presence in Europe. Headquartered in Norfolk UK, the Company sells fishing tackle products and related equipment through its network of approximately 50 UK retail stores, as well as through its leading digital platform (www.anglingdirect.co.uk) and the MyAD Fishing Club app. The Company has three further native language websites in its key European territories (www.anglingdirect.de, .fr, .nl), with orders fulfilled by its international distribution centre in The Netherlands.