Angling Direct (LON:ANG) Given “Buy” Rating at Canaccord Genuity Group

Angling Direct (LON:ANG)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 57 ($0.73) target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 50.00% from the company’s previous close.

Angling Direct Price Performance

LON ANG opened at GBX 38 ($0.49) on Monday. The company has a market capitalization of £29.36 million, a PE ratio of 1,920.00 and a beta of 1.40. The company has a debt-to-equity ratio of 30.01, a quick ratio of 1.50 and a current ratio of 3.53. The business’s fifty day moving average is GBX 37.27 and its 200 day moving average is GBX 38.02. Angling Direct has a fifty-two week low of GBX 30.01 ($0.38) and a fifty-two week high of GBX 45 ($0.58).

Angling Direct Company Profile

Angling Direct plc, together with its subsidiaries, engages in the retail of fishing tackle products and equipment in the United Kingdom, Germany, France, the Netherlands, and internationally. The company offers baits and additives, bait accessories, bait boats, bait boxes, bait making equipment, barrows and trolleys, bed chair accessories, bed chairs, bite alarms, bivvies and shelters, bivvy accessories, buckets and riddles, carp essentials, catapult spares, catapults, chairs, clothing, and cooking equipment.