ANGLE (LON:AGL) Trading 11.9% Higher – Time to Buy?

ANGLE plc (LON:AGL)’s share price rose 11.9% during trading on Thursday . The stock traded as high as GBX 8.95 ($0.12) and last traded at GBX 8.95 ($0.12). Approximately 1,432,675 shares changed hands during trading, a decline of 3% from the average daily volume of 1,476,119 shares. The stock had previously closed at GBX 8 ($0.11).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 40 ($0.53) price objective on shares of ANGLE in a report on Wednesday, January 29th.

ANGLE Trading Up 18.5 %

The stock has a market capitalization of £30.55 million, a P/E ratio of -1.40 and a beta of 0.22. The stock’s 50 day moving average price is GBX 10.21 and its 200-day moving average price is GBX 10.34. The company has a quick ratio of 6.18, a current ratio of 5.19 and a debt-to-equity ratio of 17.22.

About ANGLE

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.