Angi Inc. (NASDAQ:ANGI - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 301,824 shares were traded during trading, an increase of 98% from the previous session's volume of 152,592 shares.The stock last traded at $12.61 and had previously closed at $12.16.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on ANGI. StockNews.com upgraded shares of Angi from a "hold" rating to a "buy" rating in a research report on Friday, April 4th. Citigroup lifted their price objective on Angi from $17.00 to $20.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Angi in a research report on Wednesday, December 18th. Finally, JMP Securities dropped their price target on Angi from $30.00 to $27.50 and set a "market outperform" rating for the company in a research report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $30.50.
View Our Latest Analysis on Angi
Angi Trading Down 1.9 %
The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.05 and a current ratio of 2.14. The business has a fifty day simple moving average of $15.87 and a 200 day simple moving average of $18.82. The stock has a market cap of $616.61 million, a price-to-earnings ratio of 155.02 and a beta of 1.88.
Institutional Trading of Angi
A number of large investors have recently made changes to their positions in ANGI. Jane Street Group LLC lifted its holdings in Angi by 16.8% in the 4th quarter. Jane Street Group LLC now owns 50,920 shares of the technology company's stock valued at $85,000 after purchasing an additional 7,340 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Angi by 38.8% in the fourth quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company's stock valued at $47,000 after buying an additional 7,944 shares during the last quarter. Barclays PLC lifted its stake in shares of Angi by 1,255.5% during the third quarter. Barclays PLC now owns 16,401 shares of the technology company's stock valued at $42,000 after buying an additional 15,191 shares during the period. Raymond James Financial Inc. acquired a new stake in Angi during the fourth quarter worth approximately $27,000. Finally, PNC Financial Services Group Inc. grew its stake in Angi by 24.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 88,476 shares of the technology company's stock worth $147,000 after acquiring an additional 17,605 shares during the period. Institutional investors and hedge funds 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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