For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $6.03 in the prior trading day, Angiodynamic Inc (NASDAQ: ANGO) closed at $5.87, down -2.65%. In other words, the price has decreased by -$2.65 from its previous closing price. On the day, 0.47 million shares were traded. ANGO stock price reached its highest trading level at $6.02 during the session, while it also had its lowest trading level at $5.83.
Ratios:
Our goal is to gain a better understanding of ANGO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
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 Apr 08 ’24 when Clemmer James C bought 10,000 shares for $6.70 per share. The transaction valued at 67,000 led to the insider holds 539,066 shares of the business.
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 241929104 and an Enterprise Value of 160636112. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 0.496 whereas that against EBITDA is -32.683.
Stock Price History:
Over the past 52 weeks, ANGO has reached a high of $11.38, while it has fallen to a 52-week low of $5.26. The 50-Day Moving Average of the stock is -1.18%, while the 200-Day Moving Average is calculated to be -15.77%.
Shares Statistics:
The stock has traded on average 521.37K shares per day over the past 3-months and 556030 shares per day over the last 10 days, according to various share statistics. A total of 39.61M shares are outstanding, with a floating share count of 38.63M. Insiders hold about 3.56% of the company’s shares, while institutions hold 89.23% stake in the company. Shares short for ANGO as of 1711584000 were 2250911 with a Short Ratio of 4.32, compared to 1709164800 on 2301429. Therefore, it implies a Short% of Shares Outstanding of 2250911 and a Short% of Float of 7.23.
