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After finishing at $2.62 in the prior trading day, Angi Inc (NASDAQ: ANGI) closed at $1.93, down -26.34%. In other words, the price has decreased by -$26.34 from its previous closing price. On the day, 4.57 million shares were traded. ANGI stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $1.88.
Ratios:
Our goal is to gain a better understanding of ANGI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.98 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JMP Securities on July 09, 2024, initiated with a Mkt Outperform rating and assigned the stock a target price of $3.25.
On February 15, 2023, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $2 to $2.75.
On December 13, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $2.60.Citigroup initiated its Buy rating on December 13, 2022, with a $2.60 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 01 ’24 when Shanmugasundaram Kulesh sold 11,748 shares for $2.32 per share. The transaction valued at 27,255 led to the insider holds 125,262 shares of the business.
Shanmugasundaram Kulesh sold 11,748 shares of ANGI for $22,321 on Jul 01 ’24. The Chief Technology Officer now owns 137,010 shares after completing the transaction at $1.90 per share. On Jun 03 ’24, another insider, Shanmugasundaram Kulesh, who serves as the Chief Technology Officer of the company, sold 11,748 shares for $2.01 each. As a result, the insider received 23,613 and left with 148,758 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 1286910464 and an Enterprise Value of 1070848000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 0.879 whereas that against EBITDA is 9.152.
Stock Price History:
Over the past 52 weeks, ANGI has reached a high of $3.10, while it has fallen to a 52-week low of $1.74. The 50-Day Moving Average of the stock is -23.84%, while the 200-Day Moving Average is calculated to be -19.22%.
Shares Statistics:
The stock has traded on average 484.08K shares per day over the past 3-months and 981710 shares per day over the last 10 days, according to various share statistics. A total of 82.21M shares are outstanding, with a floating share count of 65.56M. Insiders hold about 86.85% of the company’s shares, while institutions hold 10.37% stake in the company. Shares short for ANGI as of 1728950400 were 8085567 with a Short Ratio of 16.48, compared to 1726185600 on 8148348. Therefore, it implies a Short% of Shares Outstanding of 8085567 and a Short% of Float of 12.379999999999999.
