Anpario (LON:ANP) Shares Down 11.9% – Should You Sell?

Shares of Anpario plc (LON:ANP) dropped 11.9% during mid-day trading on Wednesday . The company traded as low as GBX 467 and last traded at GBX 480. Approximately 221,767 shares traded hands during mid-day trading, an increase of 387% from the average session volume of 45,508 shares. The stock had previously closed at GBX 545.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ANP. Shore Capital Group restated a “house stock” rating on shares of Anpario in a report on Monday, August 17th. Canaccord Genuity Group upped their target price on shares of Anpario from GBX 570 to GBX 600 and gave the company a “buy” rating in a research note on Friday. One analyst has rated the stock with a Buy rating, According to MarketBeat, Anpario presently has a consensus rating of “Buy” and a consensus target price of GBX 600.

Anpario Stock Performance

The company has a debt-to-equity ratio of 0.60, a quick ratio of 5.16 and a current ratio of 6.29. The company has a market capitalization of £74.95 million, a PE ratio of 12.13 and a beta of 1.08. The company has a 50 day moving average price of GBX 529.75 and a 200 day moving average price of GBX 516.08.

Anpario (LON:ANP) last posted its quarterly earnings data on Wednesday, September 9th. The company reported GBX 22.45 EPS for the quarter. Anpario had a net margin of 14.53% and a return on equity of 17.05%. Equities analysts forecast that Anpario plc will post 23.5757801 EPS for the current year.

Anpario Company Profile

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.