Anpario (LON:ANP) Shares Pass Below 200-Day Moving Average - Time to Sell?

Anpario plc (LON:ANP - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 379.80 ($5.03) and traded as low as GBX 375 ($4.96). Anpario shares last traded at GBX 385 ($5.10), with a volume of 52,911 shares trading hands.

Wall Street Analysts Forecast Growth

ANP has been the subject of several research analyst reports. Shore Capital restated a "house stock" rating on shares of Anpario in a research note on Monday, March 31st. Canaccord Genuity Group raised their price target on shares of Anpario from GBX 380 ($5.03) to GBX 500 ($6.62) and gave the company a "buy" rating in a report on Tuesday, January 14th.

Anpario Price Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 6.15 and a quick ratio of 5.16. The business's 50-day moving average price is GBX 415.64 and its two-hundred day moving average price is GBX 380.80. The firm has a market cap of £67.12 million, a price-to-earnings ratio of 21.72 and a beta of 0.58.

Anpario (LON:ANP - Get Free Report) last released its earnings results on Monday, March 31st. The company reported GBX 28.40 ($0.38) earnings per share for the quarter. Anpario had a net margin of 9.23% and a return on equity of 8.74%. On average, research analysts forecast that Anpario plc will post 23.5757801 EPS for the current fiscal year.

Anpario Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 10th will be issued a dividend of GBX 8 ($0.11) per share. This represents a yield of 2.09%. The ex-dividend date of this dividend is Thursday, July 10th. This is an increase from Anpario's previous dividend of $3.25. Anpario's dividend payout ratio (DPR) is currently 60.74%.

Insider Buying and Selling

In other Anpario news, insider Marc Wilson bought 3,778 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were purchased at an average price of GBX 398 ($5.27) per share, with a total value of £15,036.44 ($19,902.63). 30.51% of the stock is currently owned by company insiders.

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.