Anpario (LON:ANP) Share Price Passes Below 200 Day Moving Average – Here’s Why

Anpario plc (LON:ANP) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 374.70 ($4.85) and traded as low as GBX 371.25 ($4.81). Anpario shares last traded at GBX 385 ($4.98), with a volume of 102,606 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their price objective on Anpario from GBX 380 ($4.92) to GBX 500 ($6.47) and gave the stock a “buy” rating in a research note on Tuesday, January 14th.

Anpario Price Performance

The stock’s fifty day moving average is GBX 437.08 and its 200-day moving average is GBX 374.70. The stock has a market capitalization of £65.68 million, a PE ratio of 21.26 and a beta of 0.58. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.15 and a quick ratio of 5.16.

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.