Andersen Group (NYSE:ANDG) Stock Price Down 7.8% – Time to Sell?

Andersen Group Inc. (NYSE:ANDG) shares dropped 7.8% during mid-day trading on Tuesday . The company traded as low as $21.36 and last traded at $21.52. Approximately 95,697 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 416,537 shares. The stock had previously closed at $23.34.

Analyst Ratings Changes

A number of research analysts have recently commented on ANDG shares. Truist Financial upgraded Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Zacks Research upgraded shares of Andersen Group to a “hold” rating in a research note on Tuesday, January 13th. UBS Group raised shares of Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. William Blair upgraded shares of Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Finally, Baird R W raised shares of Andersen Group to a “strong-buy” rating in a research report on Monday, January 12th. Four analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Andersen Group presently has an average rating of “Buy”.

Andersen Group Stock Performance

About Andersen Group

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.