ANGLE (LON:AGL) Trading Up 6.2% – Here’s Why

ANGLE plc (LON:AGL) shot up 6.2% during trading on Tuesday . The stock traded as high as GBX 13.14 ($0.17) and last traded at GBX 13.02 ($0.16). 318,303 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 1,646,051 shares. The stock had previously closed at GBX 12.25 ($0.15).

Analyst Ratings Changes

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

ANGLE Stock Performance

The company has a current ratio of 5.19, a quick ratio of 6.18 and a debt-to-equity ratio of 17.22. The business has a fifty day moving average of GBX 12.30 and a 200-day moving average of GBX 11.11. The company has a market cap of £43.18 million, a PE ratio of -1.98 and a beta of 0.22.

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.