Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Angiodynamic Inc (NASDAQ: ANGO) closed at $8.93 in the last session, down -3.56% from day before closing price of $9.26. In other words, the price has decreased by -$3.56 from its previous closing price. On the day, 0.62 million shares were traded. ANGO stock price reached its highest trading level at $9.39 during the session, while it also had its lowest trading level at $8.85.
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 1.41 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:
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 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 362863424 and an Enterprise Value of 313279840. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is -23.777.
Stock Price History:
Over the past 52 weeks, ANGO has reached a high of $9.58, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is 24.13%, while the 200-Day Moving Average is calculated to be 32.86%.
Shares Statistics:
According to the various share statistics, ANGO traded on average about 576.89K shares per day over the past 3-months and 860760 shares per day over the past 10 days. A total of 41.00M shares are outstanding, with a floating share count of 38.70M. Insiders hold about 4.76% of the company’s shares, while institutions hold 79.28% stake in the company. Shares short for ANGO as of 1732838400 were 1142130 with a Short Ratio of 1.98, compared to 1730332800 on 1230906. Therefore, it implies a Short% of Shares Outstanding of 1142130 and a Short% of Float of 3.42.
