Daily Progress: Angi Inc (ANGI) Drop -1.69, Closing at 1.74

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Angi Inc (NASDAQ: ANGI) closed at $1.74 down -1.69% from its previous closing price of $1.77. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 1.22 million shares were traded. ANGI stock price reached its highest trading level at $1.7959 during the session, while it also had its lowest trading level at $1.73.

Ratios:

For a deeper understanding of Angi Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.06. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.46.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on November 13, 2024, Downgraded its rating to Neutral and sets its target price to $2.50 from $3.25 previously.

On November 13, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.25 to $2.

On July 09, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $3.25.JMP Securities initiated its Mkt Outperform rating on July 09, 2024, with a $3.25 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 15 ’24 when Kip Jeffrey W bought 250,000 shares for $1.72 per share. The transaction valued at 430,000 led to the insider holds 917,331 shares of the business.

Shanmugasundaram Kulesh sold 11,748 shares of ANGI for $27,255 on Aug 01 ’24. The Chief Technology Officer now owns 125,262 shares after completing the transaction at $2.32 per share. On Jul 01 ’24, another insider, Shanmugasundaram Kulesh, who serves as the Chief Technology Officer of the company, sold 11,748 shares for $1.90 each. As a result, the insider received 22,321 and left with 137,010 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANGI now has a Market Capitalization of 865248064 and an Enterprise Value of 975411008. As of this moment, Angi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.75, and their Forward P/E ratio for the next fiscal year is 44.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.801 whereas that against EBITDA is 8.337.

Stock Price History:

Over the past 52 weeks, ANGI has reached a high of $3.10, while it has fallen to a 52-week low of $1.65. The 50-Day Moving Average of the stock is -20.81%, while the 200-Day Moving Average is calculated to be -24.37%.

Shares Statistics:

For the past three months, ANGI has traded an average of 801.11K shares per day and 1280630 over the past ten days. A total of 75.71M shares are outstanding, with a floating share count of 64.16M. Insiders hold about 87.10% of the company’s shares, while institutions hold 9.71% stake in the company. Shares short for ANGI as of 1732838400 were 8132489 with a Short Ratio of 10.15, compared to 1730332800 on 7977312. Therefore, it implies a Short% of Shares Outstanding of 8132489 and a Short% of Float of 12.73.

Most Popular