Market Watch: Angi Inc (ANGI)’s Noteworthy Drop, Closing at 1.75

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As of close of business last night, Angi Inc’s stock clocked out at $1.75, down -0.57% from its previous closing price of $1.76. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 0.73 million shares were traded. ANGI stock price reached its highest trading level at $1.78 during the session, while it also had its lowest trading level at $1.71.

Ratios:

To gain a deeper understanding of ANGI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.64. 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.

On November 13, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $3.25 to $2.50.

Citigroup Downgraded its Buy to Neutral on November 13, 2024, whereas the target price for the stock was revised from $3.25 to $2.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 871468544 and an Enterprise Value of 980433984. As of this moment, Angi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.91, and their Forward P/E ratio for the next fiscal year is 44.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.805 whereas that against EBITDA is 8.379.

Stock Price History:

The Beta on a monthly basis for ANGI is 1.90, which has changed by -0.27572018 over the last 52 weeks, in comparison to a change of 0.21659255 over the same period for the S&P500. Over the past 52 weeks, ANGI has reached a high of $3.10, while it has fallen to a 52-week low of $1.49. The 50-Day Moving Average of the stock is -1.70%, while the 200-Day Moving Average is calculated to be -19.60%.

Shares Statistics:

It appears that ANGI traded 1.12M shares on average per day over the past three months and 737550 shares per day over the past ten days. A total of 75.71M shares are outstanding, with a floating share count of 64.52M. Insiders hold about 87.18% of the company’s shares, while institutions hold 9.93% stake in the company. Shares short for ANGI as of 1736899200 were 9019478 with a Short Ratio of 8.04, compared to 1734048000 on 8032191. Therefore, it implies a Short% of Shares Outstanding of 9019478 and a Short% of Float of 14.109999.

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