Anpario (LON:ANP) Stock Price Down 16.8% – Here’s Why

Anpario plc (LON:ANP)’s stock price fell 16.8% during trading on Friday . The stock traded as low as GBX 292.11 ($3.83) and last traded at GBX 297.50 ($3.90). 135,441 shares were traded during mid-day trading, an increase of 152% from the average session volume of 53,645 shares. The stock had previously closed at GBX 357.50 ($4.68).

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ANP shares. Canaccord Genuity Group boosted their price target on shares of Anpario from GBX 380 ($4.98) to GBX 500 ($6.55) and gave the company a “buy” rating in a research report on Tuesday, January 14th. Shore Capital reiterated a “house stock” rating on shares of Anpario in a report on Monday.

Anpario Stock Performance

The company has a market capitalization of £52.55 million, a P/E ratio of 17.01 and a beta of 0.58. The company’s 50 day moving average is GBX 428.63 and its 200-day moving average is GBX 377.29. The company has a current ratio of 6.15, a quick ratio of 5.16 and a debt-to-equity ratio of 0.10.

Anpario (LON:ANP) last released its earnings results on Monday, March 31st. The company reported GBX 28.40 ($0.37) earnings per share (EPS) for the quarter. Anpario had a net margin of 9.23% and a return on equity of 8.74%. Equities analysts anticipate that Anpario plc will post 23.5757801 EPS for the current fiscal year.

Anpario Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, July 10th will be given a GBX 8 ($0.10) dividend. This represents a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, July 10th. This is a positive change from Anpario’s previous dividend of $3.25. Anpario’s payout ratio is currently 60.74%.

Insider Activity at Anpario

In other Anpario news, insider Marc Wilson bought 3,778 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were acquired at an average cost of GBX 398 ($5.21) per share, for a total transaction of £15,036.44 ($19,701.83). 30.51% of the stock is currently owned by insiders.

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.