Canaccord Genuity Group Reaffirms Buy Rating for Angling Direct (LON:ANG)

Canaccord Genuity Group reaffirmed their buy rating on shares of Angling Direct (LON:ANG) in a research report released on Tuesday, Marketbeat reports. The brokerage currently has a GBX 57 ($0.75) price objective on the stock.

Angling Direct Stock Performance

Shares of ANG stock opened at GBX 38 ($0.50) on Tuesday. Angling Direct has a 52-week low of GBX 31.04 ($0.41) and a 52-week high of GBX 45 ($0.59). 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 company has a 50-day simple moving average of GBX 36.27 and a two-hundred day simple moving average of GBX 36.52. The company has a market capitalization of £29.36 million, a price-to-earnings ratio of 1,900.00 and a beta of 1.43.

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.