Angie’s List Inc. (ANGI) Trading 5.8% Higher
Angie’s List Inc. (NASDAQ:ANGI) traded up 5.8% during trading on Monday . The stock traded as high as $7.48 and last traded at $7.35, with a volume of 370,022 shares traded. The stock had previously closed at $6.95.
Several equities research analysts have recently commented on the company. Zacks Investment Research lowered Angie’s List from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 10th. Pacific Crest reissued an “equal weight” rating on shares of Angie’s List in a research note on Thursday, April 21st. Finally, Needham & Company LLC reissued a “hold” rating on shares of Angie’s List in a research note on Wednesday, April 20th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $8.26.
The firm’s 50-day moving average is $7.29 and its 200 day moving average is $8.25. The firm has a market capitalization of $428.03 million and a P/E ratio of 260.71.
A hedge fund recently raised its stake in Angie’s List stock. Dimensional Fund Advisors LP increased its stake in Angie’s List Inc. (NASDAQ:ANGI) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 256,706 shares of the company’s stock after buying an additional 3,900 shares during the period. Dimensional Fund Advisors LP owned about 0.44% of Angie’s List worth $2,401,000 at the end of the most recent quarter.
Angie’s List, Inc operates a national local services consumer review service and marketplace. The Company’s tools, services and content across multiple platforms enable consumers to research, shop for and purchase local services for needs, such as home, health and automotive services. The Company also reviews the providers of these services in over 250 markets in the United States.
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