Anpario (LON:ANP) Hits New 12-Month High – Time to Buy?

Anpario plc (LON:ANP)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 378.78 ($4.83) and last traded at GBX 372.50 ($4.75), with a volume of 125300 shares. The stock had previously closed at GBX 359 ($4.57).

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Canaccord Genuity Group increased their price target on Anpario from GBX 340 ($4.33) to GBX 370 ($4.72) and gave the company a “buy” rating in a research note on Wednesday, September 18th. Shore Capital reiterated a “house stock” rating on shares of Anpario in a research report on Wednesday, September 11th.

Anpario Stock Up 3.8 %

The firm has a market cap of £62.99 million, a price-to-earnings ratio of 1,972.22 and a beta of 0.58. The firm has a 50 day moving average of GBX 324.16 and a 200 day moving average of GBX 305.29. The company has a quick ratio of 5.16, a current ratio of 6.15 and a debt-to-equity ratio of 0.21.

Anpario Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 14th were given a dividend of GBX 3.25 ($0.04) per share. This represents a dividend yield of 1.19%. The ex-dividend date of this dividend was Thursday, November 14th. Anpario’s dividend payout ratio (DPR) is 6,111.11%.

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.