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

ANGLE plc (LON:AGL)’s stock price crossed 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 traded.

Analyst Ratings Changes

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

ANGLE Stock Performance

The company has a debt-to-equity ratio of 17.22, a current ratio of 5.19 and a quick ratio of 6.18. The company has a 50 day simple moving average of GBX 10.44 and a 200-day simple moving average of GBX 11.26. The firm has a market cap 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.