Anpario (LON:ANP) Hits New 52-Week High - What's Next?

Shares of Anpario plc (LON:ANP - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 437 ($5.35) and last traded at GBX 431.60 ($5.28), with a volume of 124569 shares traded. The stock had previously closed at GBX 407.66 ($4.99).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group boosted their price objective on Anpario from GBX 340 ($4.16) to GBX 370 ($4.53) and gave the stock a "buy" rating in a report on Wednesday, September 18th.

Anpario Stock Up 5.9 %

The stock has a fifty day moving average price of GBX 359.86 and a two-hundred day moving average price of GBX 321.21. The company has a market cap of £72.98 million, a price-to-earnings ratio of 2,397.78 and a beta of 0.58. The company has a quick ratio of 5.16, a current ratio of 6.15 and a debt-to-equity ratio of 0.21.

Insiders Place Their Bets

In related news, insider Karen Prior sold 14,000 shares of the firm's stock in a transaction on Friday, December 13th. The stock was sold at an average price of GBX 380 ($4.65), for a total value of £53,200 ($65,100.34). Corporate insiders own 30.51% of the company's stock.

Anpario Company Profile

Anpario plc, together with its subsidiaries, engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition. Its health and performance category offers various products that support and maintain animal gut health, such as phytogenic and acid based eubiotics, and omega fatty acids under the Orego-Stim, Optomega, pHorce, Salkil, and Genex brands; feed quality category provides products, such as enzymes, antioxidants, pellet binders, mould inhibitors, and acid based eubiotics under the pHorce, Feedzyme, Salgard, Oxigard, Moldgard, and Mastercube brands.