ANGLE (LON:AGL) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

ANGLE plc (LON:AGL) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 11.26 ($0.14) and traded as low as GBX 10.50 ($0.13). ANGLE shares last traded at GBX 11.22 ($0.14), with a volume of 865,932 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 70 ($0.85) target price on shares of ANGLE in a research note on Thursday, September 26th.

ANGLE Price Performance

The company has a quick ratio of 6.18, a current ratio of 5.19 and a debt-to-equity ratio of 17.22. The firm’s fifty day moving average price is GBX 10.44 and its two-hundred day moving average price is GBX 11.24. The stock has a market capitalization of £36.20 million, a PE ratio of -160.33 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.