Anpario (LON:ANP) Sets New 1-Year High – Time to Buy?

Anpario plc (LON:ANP)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 580 and last traded at GBX 569.88, with a volume of 11124 shares changing hands. The stock had previously closed at GBX 562.22.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Shore Capital Group reaffirmed a “house stock” rating on shares of Anpario in a research report on Monday, January 19th. Canaccord Genuity Group raised their price objective on shares of Anpario from GBX 550 to GBX 570 and gave the company a “buy” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of GBX 570.

Anpario Price Performance

The company has a fifty day simple moving average of GBX 516.49 and a two-hundred day simple moving average of GBX 488.55. The company has a market capitalization of £95.48 million, a price-to-earnings ratio of 18.96 and a beta of 0.58. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.16 and a current ratio of 6.15.

About Anpario

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.