Anghami Inc’s Market Journey: Closing Weak at 0.45, Down -3.22

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of Anghami Inc (NASDAQ: ANGH) was $0.45 for the day, down -3.22% from the previous closing price of $0.47. In other words, the price has decreased by -$3.22 from its previous closing price. On the day, 0.87 million shares were traded. ANGH stock price reached its highest trading level at $0.475 during the session, while it also had its lowest trading level at $0.4501.

Ratios:

Our analysis of ANGH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANGH now has a Market Capitalization of 30132640 and an Enterprise Value of 27055456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.346 whereas that against EBITDA is -0.487.

Stock Price History:

The Beta on a monthly basis for ANGH is 1.26, which has changed by -0.5331263 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, ANGH has reached a high of $1.01, while it has fallen to a 52-week low of $0.42. The 50-Day Moving Average of the stock is -13.16%, while the 200-Day Moving Average is calculated to be -32.05%.

Shares Statistics:

ANGH traded an average of 71.06K shares per day over the past three months and 924090 shares per day over the past ten days. A total of 66.86M shares are outstanding, with a floating share count of 17.04M. Insiders hold about 74.51% of the company’s shares, while institutions hold 0.34% stake in the company. Shares short for ANGH as of 1752537600 were 25370 with a Short Ratio of 0.36, compared to 1749772800 on 11161. Therefore, it implies a Short% of Shares Outstanding of 25370 and a Short% of Float of 0.1.