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 closing price of Angiodynamic Inc (NASDAQ: ANGO) was $9.27 for the day, up 2.09% from the previous closing price of $9.08. In other words, the price has increased by $2.09 from its previous closing price. On the day, 0.57 million shares were traded. ANGO stock price reached its highest trading level at $9.3953 during the session, while it also had its lowest trading level at $9.09.
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 376679040 and an Enterprise Value of 327095488. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 1.117 whereas that against EBITDA is -24.825.
Stock Price History:
The Beta on a monthly basis for ANGO is 0.58, which has changed by 0.45047927 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. 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 19.81%, while the 200-Day Moving Average is calculated to be 34.16%.
Shares Statistics:
ANGO traded an average of 552.40K shares per day over the past three months and 355290 shares per day over the past ten 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 79.30% stake in the company. Shares short for ANGO as of 1734048000 were 1001629 with a Short Ratio of 1.81, compared to 1731628800 on 1134989. Therefore, it implies a Short% of Shares Outstanding of 1001629 and a Short% of Float of 3.0.
