Anghami (NASDAQ:ANGH) Trading Down 2.3% – Here’s What Happened

Shares of Anghami Inc. (NASDAQ:ANGHGet Free Report) traded down 2.3% on Friday . The company traded as low as $0.68 and last traded at $0.69. 7,349 shares were traded during mid-day trading, a decline of 79% from the average session volume of 34,819 shares. The stock had previously closed at $0.70.

Anghami Trading Down 2.3 %

The firm’s 50 day moving average is $0.74 and its two-hundred day moving average is $0.79.

Institutional Trading of Anghami

An institutional investor recently raised its position in Anghami stock. Geode Capital Management LLC increased its stake in shares of Anghami Inc. (NASDAQ:ANGHFree Report) by 70.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,499 shares of the company’s stock after purchasing an additional 15,145 shares during the quarter. Geode Capital Management LLC owned 0.12% of Anghami worth $29,000 at the end of the most recent quarter.

Anghami Company Profile

(Get Free Report)

Anghami Inc operates a digital music entertainment technology platform in the Middle East and North Africa. It offers digital entertainment and online streaming services, including music, podcasts, music videos, and live events; and a music application and platform that provides Arabic and international music to stream and download.

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