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The closing price of Angiodynamic Inc (NASDAQ: ANGO) was $6.85 for the day, down -2.00% from the previous closing price of $6.99. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 0.52 million shares were traded. ANGO stock price reached its highest trading level at $7.1 during the session, while it also had its lowest trading level at $6.82.
Ratios:
Our analysis of ANGO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On September 25, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $19.
Raymond James Downgraded its Strong Buy to Outperform on April 17, 2023, whereas the target price for the stock was revised from $14 to $13.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 07 ’24 when Nighan Warren JR bought 768 shares for $6.09 per share. The transaction valued at 4,677 led to the insider holds 45,777 shares of the business.
Nighan Warren JR bought 100 shares of ANGO for $608 on Oct 10 ’24. The SVP Quality and Regulatory now owns 45,877 shares after completing the transaction at $6.08 per share. On Oct 08 ’24, another insider, Trowbridge Stephen A, who serves as the EVP and CFO of the company, bought 1,700 shares for $5.86 each. As a result, the insider paid 9,962 and bolstered with 172,711 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, ANGO now has a Market Capitalization of 278344256 and an Enterprise Value of 228760608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 0.781 whereas that against EBITDA is -17.362.
Stock Price History:
Over the past 52 weeks, ANGO has reached a high of $8.25, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is -2.30%, while the 200-Day Moving Average is calculated to be 5.08%.
Shares Statistics:
ANGO traded an average of 482.56K shares per day over the past three months and 417410 shares per day over the past ten days. A total of 40.43M shares are outstanding, with a floating share count of 38.64M. Insiders hold about 4.90% of the company’s shares, while institutions hold 81.16% stake in the company. Shares short for ANGO as of 1730332800 were 1230906 with a Short Ratio of 2.55, compared to 1727654400 on 1128100. Therefore, it implies a Short% of Shares Outstanding of 1230906 and a Short% of Float of 3.6900000000000004.
