Angling Direct (LON:ANG) Issues Quarterly Earnings Results

Angling Direct (LON:ANG – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 3.20 EPS for the quarter, Digital Look Earnings reports. Angling Direct had a return on equity of 5.06% and a net margin of 1.99%.

Angling Direct Trading Up 1.1%

Shares of ANG stock opened at GBX 54.57 on Tuesday. The firm has a fifty day moving average price of GBX 51.69 and a 200-day moving average price of GBX 50.24. The company has a debt-to-equity ratio of 31.21, a current ratio of 2.61 and a quick ratio of 1.50. The company has a market cap of £37.23 million, a price-to-earnings ratio of 19.63 and a beta of 0.61. Angling Direct has a 1 year low of GBX 45.50 and a 1 year high of GBX 56.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped their target price on Angling Direct from GBX 78 to GBX 54 and set a “buy” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 54.

Read Our Latest Research Report on Angling Direct

About Angling Direct

(Get Free Report)

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. The Company has three further native language websites in its key European territories (www.anglingdirect.de, .fr, .nl), with orders fulfilled by its international distribution centre in The Netherlands.

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Earnings History for Angling Direct (LON:ANG)

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