Angling Direct (LON:ANG) Issues Earnings Results

Angling Direct (LON:ANG) released its earnings results on Tuesday. The company reported GBX 1.85 ($0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Angling Direct had a net margin of 1.94% and a return on equity of 4.14%.

Angling Direct Stock Performance

Angling Direct stock opened at GBX 40.72 ($0.54) on Thursday. The company has a current ratio of 2.61, a quick ratio of 1.50 and a debt-to-equity ratio of 32.63. Angling Direct has a 1 year low of GBX 32.40 ($0.43) and a 1 year high of GBX 44 ($0.58). The company has a market cap of £31.66 million, a PE ratio of 19.88 and a beta of 1.43. The company’s 50-day moving average is GBX 36.55 and its two-hundred day moving average is GBX 37.80.

Insider Buying and Selling at Angling Direct

In related news, insider Martyn Graham Page sold 400,000 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of GBX 38 ($0.50), for a total value of £152,000 ($201,645.00). Corporate insiders own 22.19% of the company’s stock.

Angling Direct Company Profile

Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with an established and growing presence in Europe. Headquartered in Norfolk UK, the Company sells fishing tackle products and related equipment through its network of approximately 50 UK retail stores, as well as through its leading digital platform (www.anglingdirect.co.uk) and the MyAD Fishing Club app.