Angi Inc. (NASDAQ:ANGI - Get Free Report) saw unusually-high trading volume on Monday . Approximately 359,321 shares were traded during trading, an increase of 71% from the previous session's volume of 209,952 shares.The stock last traded at $11.83 and had previously closed at $11.60.
Analysts Set New Price Targets
A number of research firms have weighed in on ANGI. Citigroup dropped their target price on shares of Angi from $18.00 to $14.00 and set a "neutral" rating on the stock in a research note on Friday. JMP Securities dropped their price objective on Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a research note on Thursday, February 13th. Royal Bank of Canada reduced their price objective on Angi from $27.50 to $17.00 and set a "sector perform" rating for the company in a report on Tuesday, April 15th. Finally, StockNews.com upgraded Angi from a "hold" rating to a "buy" rating in a research note on Wednesday. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $27.25.
View Our Latest Stock Report on ANGI
Angi Trading Down 0.8 %
The stock has a market cap of $618.60 million, a PE ratio of 156.27 and a beta of 1.88. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.47. The firm has a 50-day simple moving average of $14.83 and a 200-day simple moving average of $18.04.
Institutional Trading of Angi
A number of institutional investors have recently added to or reduced their stakes in ANGI. Jane Street Group LLC increased its position in shares of Angi by 16.8% during the fourth quarter. Jane Street Group LLC now owns 50,920 shares of the technology company's stock valued at $85,000 after buying an additional 7,340 shares during the period. Jones Financial Companies Lllp increased its holdings in Angi by 38.8% during the 4th quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company's stock worth $47,000 after acquiring an additional 7,944 shares during the period. Barclays PLC lifted its stake in Angi by 1,255.5% in the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company's stock worth $42,000 after purchasing an additional 15,191 shares in the last quarter. Raymond James Financial Inc. bought a new position in Angi in the 4th quarter valued at $27,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Angi by 24.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 88,476 shares of the technology company's stock valued at $147,000 after purchasing an additional 17,605 shares in the last quarter. Hedge funds and other institutional investors own 12.84% of the company's stock.
About Angi
(
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.
Further Reading
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