Anpario (LON:ANP) Reaches New 52-Week High – Here’s What Happened

Anpario plc (LON:ANP)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 474 ($5.98) and last traded at GBX 474 ($5.98), with a volume of 110170 shares trading hands. The stock had previously closed at GBX 452.50 ($5.71).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised their price target on Anpario from GBX 380 ($4.79) to GBX 500 ($6.31) and gave the company a “buy” rating in a research note on Tuesday, January 14th.

Anpario Stock Performance

The business has a 50-day moving average of GBX 412.84 and a two-hundred day moving average of GBX 346. The company has a market cap of £80.87 million, a P/E ratio of 26.17 and a beta of 0.58. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.15 and a quick ratio of 5.16.

Insider Activity at Anpario

In related news, insider Karen Prior sold 14,000 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of GBX 380 ($4.79), for a total transaction of £53,200 ($67,112.40). 30.51% of the stock is owned by corporate insiders.

Anpario Company Profile

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.