Angling Direct (LON:ANG) Stock Gets Price Target Trim from Canaccord Genuity Group

Angling Direct (LON:ANG) had its target price lowered by Canaccord Genuity Group from GBX 78 to GBX 54 in a research report report published on Tuesday,Digital Look reports. The firm currently has a buy rating on the stock.

Angling Direct Stock Down 0.2%

Angling Direct stock opened at GBX 54.40 on Tuesday. The stock has a market cap of £37.11 million, a price-to-earnings ratio of 19.57 and a beta of 0.61. The company has a current ratio of 2.47, a quick ratio of 1.50 and a debt-to-equity ratio of 29.54. The company’s 50-day moving average price is GBX 52.08 and its two-hundred day moving average price is GBX 50.33. Angling Direct has a 52 week low of GBX 45.50 and a 52 week high of GBX 56.

Angling Direct (LON:ANG) last released its quarterly earnings results on Tuesday, October 13th. The company reported GBX 3.20 EPS for the quarter. Angling Direct had a net margin of 2.10% and a return on equity of 5.36%. On average, analysts expect that Angling Direct will post 1.92 EPS for the current fiscal year.

About Angling Direct

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. The Company has three further native language websites in its key European territories (www.anglingdirect.de, .fr, .nl), with orders fulfilled by its international distribution centre in The Netherlands.