Shares of Angi Inc. (NASDAQ:ANGI - Get Free Report) traded up 3.5% during mid-day trading on Thursday . The stock traded as high as $1.59 and last traded at $1.63. 218,493 shares changed hands during trading, a decline of 76% from the average session volume of 894,328 shares. The stock had previously closed at $1.57.
Wall Street Analyst Weigh In
Several analysts recently issued reports on ANGI shares. Citigroup boosted their price target on Angi from $1.70 to $2.00 and gave the company a "neutral" rating in a research note on Friday, January 31st. StockNews.com cut shares of Angi from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. JMP Securities lowered their price target on shares of Angi from $3.00 to $2.75 and set a "market outperform" rating on the stock in a research report on Thursday, February 13th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Angi in a research note on Wednesday, December 18th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $3.05.
Get Our Latest Report on Angi
Angi Trading Up 9.2 %
The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 2.05. The firm has a fifty day simple moving average of $1.73 and a 200-day simple moving average of $2.02. The firm has a market cap of $8.47 billion, a P/E ratio of 213.03 and a beta of 1.91.
Institutional Investors Weigh In On Angi
A number of hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of Angi during the 4th quarter worth $27,000. Hsbc Holdings PLC bought a new position in Angi during the fourth quarter worth about $30,000. Headlands Technologies LLC increased its stake in shares of Angi by 9,308.0% in the fourth quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock worth $31,000 after purchasing an additional 18,523 shares in the last quarter. Oxford Asset Management LLP bought a new stake in shares of Angi in the fourth quarter valued at approximately $33,000. Finally, Two Sigma Securities LLC bought a new stake in shares of Angi in the fourth quarter valued at approximately $41,000. 12.84% of the stock is currently 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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