The stock of Angi Inc (ANGI) has gone down by -2.62% for the week, with a -8.37% drop in the past month and a -29.01% drop in the past quarter. The volatility ratio for the week is 4.76%, and the volatility levels for the past 30 days are 5.19% for ANGI. The simple moving average for the past 20 days is -6.65% for ANGI’s stock, with a -16.91% simple moving average for the past 200 days.
Is It Worth Investing in Angi Inc (NASDAQ: ANGI) Right Now?
Company’s 36-month beta value is 2.00.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ANGI is 68.80M, and currently, short sellers hold a 11.81% ratio of that floaft. The average trading volume of ANGI on June 28, 2024 was 898.39K shares.
ANGI) stock’s latest price update
Angi Inc (NASDAQ: ANGI) has experienced a rise in its stock price by 0.54 compared to its previous closing price of 1.85. However, the company has seen a fall of -2.62% in its stock price over the last five trading days. prnewswire.com reported 2024-05-23 that NEW YORK, May 23, 2024 /PRNewswire/ — IAC (NASDAQ: IAC) will participate in the 52nd Annual TD Cowen Technology, Media and Telecom Conference on Thursday, May 30, 2024. Christopher Halpin, Executive Vice President, CFO and COO of IAC will participate in a fireside chat at 11:25 a.m.
Analysts’ Opinion of ANGI
Many brokerage firms have already submitted their reports for ANGI stocks, with UBS repeating the rating for ANGI by listing it as a “Neutral.” The predicted price for ANGI in the upcoming period, according to UBS is $2.75 based on the research report published on February 15, 2023 of the previous year 2023.
Citigroup, on the other hand, stated in their research note that they expect to see ANGI reach a price target of $2.60. The rating they have provided for ANGI stocks is “Buy” according to the report published on December 13th, 2022.
UBS gave a rating of “Sell” to ANGI, setting the target price at $2 in the report published on December 02nd of the previous year.
ANGI Trading at -13.26% from the 50-Day Moving Average
After a stumble in the market that brought ANGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.50% of loss for the given period.
Volatility was left at 5.19%, however, over the last 30 days, the volatility rate increased by 4.76%, as shares sank -8.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.46% lower at present.
During the last 5 trading sessions, ANGI fell by -3.66%, which changed the moving average for the period of 200-days by -18.22% in comparison to the 20-day moving average, which settled at $1.9835. In addition, Angi Inc saw -25.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ANGI starting from Shanmugasundaram Kulesh, who sale 11,748 shares at the price of $2.01 back on Jun 03 ’24. After this action, Shanmugasundaram Kulesh now owns 148,758 shares of Angi Inc, valued at $23,613 using the latest closing price.
Shanmugasundaram Kulesh, the Chief Technology Officer of Angi Inc, sale 11,748 shares at $2.13 during a trade that took place back on May 01 ’24, which means that Shanmugasundaram Kulesh is holding 160,506 shares at $25,023 based on the most recent closing price.
Stock Fundamentals for ANGI
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.9 for the gross margin
The net margin for Angi Inc stands at -0.02. The total capital return value is set at 0.01. Equity return is now at value -1.84, with -1.03 for asset returns.
Based on Angi Inc (ANGI), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 0.87.
Currently, EBITDA for the company is 75.06 million with net debt to EBITDA at 1.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. The receivables turnover for the company is 22.25for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
In a nutshell, Angi Inc (ANGI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
