ANGLE (LON:AGL) Stock Crosses Above 50-Day Moving Average – Time to Sell?

ANGLE plc (LON:AGL)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 9.54 ($0.12) and traded as high as GBX 10.47 ($0.13). ANGLE shares last traded at GBX 10.25 ($0.13), with a volume of 563,290 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 70 ($0.87) price target on shares of ANGLE in a report on Thursday, September 26th.

ANGLE Stock Up 12.2 %

The firm has a market cap of £37.09 million, a price-to-earnings ratio of -164.29 and a beta of 0.22. The firm has a fifty day simple moving average of GBX 9.59 and a 200-day simple moving average of GBX 11.48. The company has a debt-to-equity ratio of 17.22, a quick ratio of 6.18 and a current ratio of 5.19.

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.