ANGLE (LON:AGL) Shares Up 20.5%

ANGLE plc (LON:AGL)’s stock price shot up 20.5% during mid-day trading on Thursday . The stock traded as high as GBX 24 ($0.30) and last traded at GBX 23.50 ($0.30). 3,158,937 shares changed hands during trading, a decline of 1% from the average session volume of 3,198,614 shares. The stock had previously closed at GBX 19.50 ($0.24).

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 70 ($0.88) price target on shares of ANGLE in a research note on Wednesday, April 24th.

ANGLE Price Performance

The company has a quick ratio of 6.18, a current ratio of 7.51 and a debt-to-equity ratio of 14.26. The company has a 50 day simple moving average of GBX 14.13 and a 200 day simple moving average of GBX 14.28. The company has a market capitalization of £61.24 million, a price-to-earnings ratio of -214.43 and a beta of 0.12.

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.