Angi Inc. (NASDAQ:ANGI - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $14.87 and last traded at $15.01, with a volume of 231291 shares changing hands. The stock had previously closed at $15.41.
Wall Street Analysts Forecast Growth
ANGI has been the subject of several research analyst reports. 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. restated a "neutral" rating on shares of Angi in a research report on Wednesday, December 18th. StockNews.com raised shares of Angi from a "hold" rating to a "buy" rating in a research report on Friday. Finally, JMP Securities lowered their price target on Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $30.50.
Read Our Latest Research Report on Angi
Angi Trading Down 6.9 %
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 $606.67 million, a PE ratio of 152.52 and a beta of 1.91. The stock's fifty day simple moving average is $16.72 and its 200 day simple moving average is $19.56.
Hedge Funds Weigh In On Angi
Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its position in Angi by 16.8% in the fourth quarter. Jane Street Group LLC now owns 50,920 shares of the technology company's stock worth $85,000 after buying an additional 7,340 shares in the last quarter. Jones Financial Companies Lllp increased its stake 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 worth $47,000 after purchasing an additional 7,944 shares in the last quarter. Barclays PLC increased 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 buying an additional 15,191 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Angi during the 4th quarter valued at approximately $27,000. Finally, PNC Financial Services Group Inc. lifted its holdings 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 purchasing an additional 17,605 shares in the last quarter. 12.84% of the stock is owned by institutional investors.
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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