Angling Direct (LON:ANG) Trading Down 0.4% – Here’s Why

Angling Direct PLC (LON:ANG)’s share price traded down 0.4% on Tuesday . The stock traded as low as GBX 48 and last traded at GBX 49.29. 99,352 shares changed hands during mid-day trading, an increase of 64% from the average session volume of 60,608 shares. The stock had previously closed at GBX 49.50.

Angling Direct Price Performance

The company has a current ratio of 2.43, a quick ratio of 1.50 and a debt-to-equity ratio of 30.74. The firm has a market capitalization of £35.99 million, a PE ratio of 19.72 and a beta of 0.68. The company has a fifty day moving average price of GBX 50.69 and a two-hundred day moving average price of GBX 51.96.

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. 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.