Anpario (LON:ANP) Shares Down 16.8% – Time to Sell?

Anpario plc (LON:ANP)’s share price dropped 16.8% during mid-day trading on Friday . The company traded as low as GBX 292.11 ($3.77) and last traded at GBX 297.50 ($3.84). Approximately 135,441 shares traded hands during mid-day trading, an increase of 152% from the average daily volume of 53,645 shares. The stock had previously closed at GBX 357.50 ($4.61).

Wall Street Analysts Forecast Growth

ANP has been the subject of several analyst reports. Canaccord Genuity Group raised their price target on shares of Anpario from GBX 380 ($4.90) to GBX 500 ($6.45) and gave the company a “buy” rating in a report on Tuesday, January 14th. Shore Capital reissued a “house stock” rating on shares of Anpario in a report on Monday, March 31st.

Anpario Stock Performance

The company has a 50 day simple moving average of GBX 426.24 and a 200-day simple moving average of GBX 377.83. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.15 and a quick ratio of 5.16. The stock has a market cap of £55.45 million, a P/E ratio of 17.95 and a beta of 0.58.

Anpario (LON:ANP) last released its earnings results on Monday, March 31st. The company reported GBX 28.40 ($0.37) earnings per share for the quarter. Anpario had a return on equity of 8.74% and a net margin of 9.23%. On average, equities analysts expect that Anpario plc will post 23.5757801 earnings per share for the current fiscal year.

Anpario Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, July 10th will be paid a GBX 8 ($0.10) dividend. This is a boost from Anpario’s previous dividend of $3.25. The ex-dividend date is Thursday, July 10th. This represents a dividend yield of 2.09%. Anpario’s dividend payout ratio is 60.74%.

Insider Activity at Anpario

In related news, insider Marc Wilson bought 3,778 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was bought at an average cost of GBX 398 ($5.13) per share, for a total transaction of £15,036.44 ($19,389.35). 30.51% of the stock is owned by insiders.

Anpario Company Profile

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.