Angi Inc. (NASDAQ:ANGI - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 224,794 shares changed hands during mid-day trading, an increase of 128% from the previous session's volume of 98,645 shares.The stock last traded at $15.71 and had previously closed at $15.92.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. JMP Securities decreased their target price on Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a report on Thursday, February 13th. StockNews.com downgraded shares of Angi from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. restated a "neutral" rating on shares of Angi in a research note on Wednesday, December 18th. Finally, Citigroup upped their price target on shares of Angi from $17.00 to $20.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $30.50.
Read Our Latest Stock Report on Angi
Angi Stock Down 0.7 %
The stock's fifty day simple moving average is $17.04 and its 200-day simple moving average is $19.75. The stock has a market cap of $725.52 million, a P/E ratio of 182.40 and a beta of 1.91. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.05 and a current ratio of 2.14.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in Angi during the fourth quarter worth about $27,000. Hsbc Holdings PLC acquired a new stake in shares of Angi during the 4th quarter worth approximately $30,000. Headlands Technologies LLC increased its stake in Angi by 9,308.0% in the fourth quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock valued at $31,000 after acquiring an additional 18,523 shares during the last quarter. Oxford Asset Management LLP acquired a new position in Angi during the fourth quarter valued at approximately $33,000. Finally, Two Sigma Securities LLC bought a new stake in Angi during the fourth quarter worth $41,000. Institutional investors own 12.84% of the company's stock.
Angi Company Profile
(
Get Free Report)
Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.
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