Angling Direct (LON:ANG) Releases Earnings Results

Angling Direct (LON:ANG) announced its quarterly earnings results on Tuesday. The company reported GBX 1.85 ($0.02) earnings per share for the quarter, Digital Look Earnings reports. Angling Direct had a net margin of 1.94% and a return on equity of 4.14%.

Angling Direct Price Performance

LON ANG opened at GBX 40.72 ($0.54) on Thursday. The business has a 50 day simple moving average of GBX 36.55 and a 200 day simple moving average of GBX 37.80. Angling Direct has a 52-week low of GBX 32.40 ($0.43) and a 52-week high of GBX 44 ($0.58). The company has a debt-to-equity ratio of 32.63, a quick ratio of 1.50 and a current ratio of 2.61. The stock has a market cap of £31.66 million, a price-to-earnings ratio of 19.88 and a beta of 1.43.

Insider Buying and Selling

In related news, insider Martyn Graham Page sold 400,000 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of GBX 38 ($0.50), for a total transaction of £152,000 ($201,645.00). 22.19% of the stock is owned by company insiders.

Angling Direct Company Profile

Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with an established and growing presence in Europe. Headquartered in Norfolk UK, the Company sells fishing tackle products and related equipment through its network of approximately 50 UK retail stores, as well as through its leading digital platform (www.anglingdirect.co.uk) and the MyAD Fishing Club app.