Anpario (LON:ANP) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Anpario plc (LON:ANP) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 390.26 ($5.19) and traded as high as GBX 438.49 ($5.83). Anpario shares last traded at GBX 429.27 ($5.71), with a volume of 18,441 shares trading hands.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Shore Capital reiterated a “house stock” rating on shares of Anpario in a research note on Monday, March 31st. Canaccord Genuity Group lifted their price objective on Anpario from GBX 380 ($5.05) to GBX 500 ($6.65) and gave the company a “buy” rating in a research note on Tuesday, January 14th.

Anpario Stock Performance

The company has a market capitalization of £73.57 million, a price-to-earnings ratio of 23.81 and a beta of 0.58. The firm has a 50-day simple moving average of GBX 400.47 and a two-hundred day simple moving average of GBX 390.26. The company has a debt-to-equity ratio of 0.10, a quick ratio of 5.16 and a current ratio of 6.15.

Anpario (LON:ANP) last released its earnings results on Monday, March 31st. The company reported GBX 28.40 ($0.38) earnings per share for the quarter. Anpario had a return on equity of 8.74% and a net margin of 9.23%. On average, sell-side analysts anticipate that Anpario plc will post 23.5757801 EPS for the current fiscal year.

Anpario Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 10th will be paid a dividend of GBX 8 ($0.11) per share. This represents a yield of 2.09%. The ex-dividend date is Thursday, July 10th. This is a positive change from Anpario’s previous dividend of $3.25. Anpario’s dividend payout ratio (DPR) is 60.74%.

Insider Activity at Anpario

In other Anpario news, insider Marc Wilson acquired 3,778 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was acquired at an average cost of GBX 398 ($5.29) per share, with a total value of £15,036.44 ($19,989.95). Corporate insiders own 30.51% of the company’s stock.

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.