Insider’s View: Deciphering Angiodynamic Inc (ANGO)’s Financial Health Through Ratios

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Angiodynamic Inc (NASDAQ: ANGO) closed at $12.06 in the last session, up 1.01% from day before closing price of $11.94. In other words, the price has increased by $1.01 from its previous closing price. On the day, 0.69 million shares were traded. ANGO stock price reached its highest trading level at $12.18 during the session, while it also had its lowest trading level at $11.7805.

Ratios:

We take a closer look at ANGO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.98. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 16 ’25 when Nighan Warren JR sold 4,060 shares for $12.31 per share. The transaction valued at 49,979 led to the insider holds 41,817 shares of the business.

Nighan Warren JR bought 4,060 shares of ANGO for $49,979 on Jan 16 ’25. On Oct 07 ’24, another insider, Nighan Warren JR, who serves as the SVP Quality and Regulatory of the company, bought 768 shares for $6.09 each. As a result, the insider paid 4,677 and bolstered with 45,777 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 488016352 and an Enterprise Value of 332377952. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 1.135 whereas that against EBITDA is -25.226.

Stock Price History:

The Beta on a monthly basis for ANGO is 0.61, which has changed by 0.9835526 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, ANGO has reached a high of $13.13, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is 37.61%, while the 200-Day Moving Average is calculated to be 66.97%.

Shares Statistics:

According to the various share statistics, ANGO traded on average about 646.44K shares per day over the past 3-months and 1337580 shares per day over the past 10 days. A total of 40.84M shares are outstanding, with a floating share count of 38.54M. Insiders hold about 4.75% of the company’s shares, while institutions hold 79.26% stake in the company. Shares short for ANGO as of 1734048000 were 1001629 with a Short Ratio of 1.36, compared to 1731628800 on 1134989. Therefore, it implies a Short% of Shares Outstanding of 1001629 and a Short% of Float of 3.0.

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