ANGLE (LON:AGL) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

ANGLE plc (LON:AGL) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 11.26 ($0.14) and traded as low as GBX 10.50 ($0.13). ANGLE shares last traded at GBX 11.22 ($0.14), with a volume of 865,932 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 70 ($0.85) price target on shares of ANGLE in a research report on Thursday, September 26th.

ANGLE Stock Performance

The company has a current ratio of 5.19, a quick ratio of 6.18 and a debt-to-equity ratio of 17.22. The company has a market cap of £36.20 million, a P/E ratio of -160.33 and a beta of 0.22. The business’s 50 day simple moving average is GBX 10.44 and its 200 day simple moving average is GBX 11.26.

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.