ANGLE (LON:AGL) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

ANGLE plc (LON:AGL)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 11.45 ($0.14) and traded as high as GBX 17.20 ($0.22). ANGLE shares last traded at GBX 15.70 ($0.20), with a volume of 1,544,097 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 40 ($0.50) target price on shares of ANGLE in a report on Wednesday, January 29th.

ANGLE Stock Up 3.8 %

The firm’s 50-day moving average price is GBX 11.45 and its 200 day moving average price is GBX 11.20. The firm has a market cap of £52.55 million, a P/E ratio of -232.77 and a beta of 0.22. The company has a quick ratio of 6.18, a current ratio of 5.19 and a debt-to-equity ratio of 17.22.

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.