Anpario (LON:ANP) Reaches New 52-Week High – Still a Buy?

Posted by KOP Source Staff on Nov 14th, 2024

Anpario plc (LON:ANP – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 357.80 ($4.60) and last traded at GBX 351.58 ($4.52), with a volume of 153077 shares changing hands. The stock had previously closed at GBX 335 ($4.31).

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Shore Capital restated a “house stock” rating on shares of Anpario in a research report on Wednesday, September 11th. Canaccord Genuity Group raised their price objective on shares of Anpario from GBX 340 ($4.38) to GBX 370 ($4.76) and gave the company a “buy” rating in a research report on Wednesday, September 18th.

Read Our Latest Report on ANP

Anpario Stock Performance

The stock has a market cap of £60.03 million, a PE ratio of 1,972.22 and a beta of 0.58. The company’s 50-day moving average price is GBX 311.69 and its two-hundred day moving average price is GBX 295.58. The company has a debt-to-equity ratio of 0.21, a quick ratio of 5.16 and a current ratio of 6.15.

Anpario Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be given a GBX 3.25 ($0.04) dividend. This represents a yield of 1.19%. The ex-dividend date of this dividend is Thursday, November 14th. Anpario’s payout ratio is presently 6,111.11%.

Anpario Company Profile

(Get Free Report)

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.