Anpario (LON:ANP) Stock Crosses Above 200-Day Moving Average - Here's Why

Anpario plc (LON:ANP - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 335.20 ($4.16) and traded as high as GBX 439 ($5.45). Anpario shares last traded at GBX 427 ($5.30), with a volume of 59,110 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group increased their target price on shares of Anpario from GBX 380 ($4.71) to GBX 500 ($6.20) and gave the company a "buy" rating in a report on Tuesday, January 14th.

Anpario Stock Performance

The company has a current ratio of 6.15, a quick ratio of 5.16 and a debt-to-equity ratio of 0.21. The stock's 50 day moving average price is GBX 398.64 and its two-hundred day moving average price is GBX 337.86. The firm has a market capitalization of £72.71 million, a PE ratio of 2,388.89 and a beta of 0.58.

Insider Transactions at Anpario

In other news, insider Karen Prior sold 14,000 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of GBX 380 ($4.71), for a total transaction of £53,200 ($65,988.59). 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.