ANGLE (LON:AGL) Stock Crosses Below 200-Day Moving Average – Should You Sell?

ANGLE plc (LON:AGL) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 13.39 ($0.17) and traded as low as GBX 7.81 ($0.10). ANGLE shares last traded at GBX 8.25 ($0.11), with a volume of 834,348 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 70 ($0.91) target price on shares of ANGLE in a research report on Thursday, September 26th.

ANGLE Stock Performance

The company has a market cap of £26.61 million, a PE ratio of -117.86 and a beta of 0.22. The company’s fifty day moving average price is GBX 9.27 and its 200 day moving average price is GBX 13.39. The company has a debt-to-equity ratio of 17.22, a current ratio of 5.19 and a quick ratio of 6.18.

About ANGLE

ANGLE plc, a medical diagnostic company, engages in developing cancer diagnostics products in Europe, North America, and the United Kingdom. The company develops and commercializes Parsortix cell separation system, which captures and harvests circulating tumor cells in metastatic breast cancer patient blood; and HyCEAD.