Anpario (LON:ANP) Hits New 1-Year High – Here’s Why

Anpario plc (LON:ANP)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 580 and last traded at GBX 575.96, with a volume of 10313 shares trading hands. The stock had previously closed at GBX 570.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Shore Capital Group reiterated a “house stock” rating on shares of Anpario in a research note on Monday, January 19th. Canaccord Genuity Group lifted their price target on Anpario from GBX 550 to GBX 570 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 570.

Anpario Stock Performance

The stock has a market cap of £97.60 million, a price-to-earnings ratio of 19.38 and a beta of 0.58. The firm’s 50-day moving average is GBX 506.43 and its two-hundred day moving average is GBX 480.07. The company has a current ratio of 6.15, a quick ratio of 5.16 and a debt-to-equity ratio of 0.10.

About Anpario

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.