ANGLE (LON:AGL) Shares Cross Below Fifty Day Moving Average – Should You Sell?

ANGLE plc (LON:AGL) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 4.14 ($0.06) and traded as low as GBX 1.82 ($0.02). ANGLE shares last traded at GBX 2.82 ($0.04), with a volume of 22,079,135 shares traded.

ANGLE Stock Performance

The stock has a 50 day simple moving average of GBX 4.14 and a 200 day simple moving average of GBX 6.33. The company has a market cap of £8.61 million, a price-to-earnings ratio of -0.56 and a beta of 0.22. The company has a quick ratio of 6.18, a current ratio of 5.19 and a debt-to-equity ratio of 17.22.

ANGLE (LON:AGL) last issued its quarterly earnings data on Tuesday, September 9th. The company reported GBX (2.87) EPS for the quarter. ANGLE had a negative return on equity of 76.01% and a negative net margin of 890.91%. As a group, analysts predict that ANGLE plc will post -8.6599997 EPS for the current year.

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.