Shares of Angi Inc. (NASDAQ:ANGI - Get Free Report) saw strong trading volume on Monday . 166,672 shares traded hands during trading, a decline of 11% from the previous session's volume of 187,456 shares.The stock last traded at $12.80 and had previously closed at $12.40.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on ANGI shares. Royal Bank of Canada decreased their price objective on Angi from $27.50 to $17.00 and set a "sector perform" rating for the company in a research note on Tuesday. Citigroup lifted their price objective on shares of Angi from $17.00 to $20.00 and gave the stock a "neutral" rating in a research report on Friday, January 31st. StockNews.com cut shares of Angi from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, JMP Securities cut their price target on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a report on Thursday, February 13th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $28.25.
View Our Latest Report on ANGI
Angi Stock Up 1.5 %
The company's 50 day moving average price is $15.28 and its 200 day moving average price is $18.38. 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 market capitalization of $576.83 million, a price-to-earnings ratio of 145.02 and a beta of 1.88.
Hedge Funds Weigh In On Angi
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Angi in the 4th quarter valued at $27,000. Hsbc Holdings PLC acquired a new stake in Angi during the 4th quarter worth about $30,000. Headlands Technologies LLC lifted its holdings in shares of Angi by 9,308.0% in the 4th quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock valued at $31,000 after buying an additional 18,523 shares during the period. Oxford Asset Management LLP acquired a new position in shares of Angi in the 4th quarter valued at about $33,000. Finally, Two Sigma Securities LLC acquired a new stake in Angi during the fourth quarter worth about $41,000. 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.
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