Angling Direct (LON:ANG) Shares Down 3.1% – Should You Sell?

Angling Direct PLC (LON:ANG)’s stock price was down 3.1% during mid-day trading on Tuesday . The company traded as low as GBX 52 and last traded at GBX 53.30. Approximately 240,199 shares were traded during trading, an increase of 423% from the average daily volume of 45,891 shares. The stock had previously closed at GBX 55.

Angling Direct Stock Performance

The company has a market cap of £38.92 million, a P/E ratio of 21.32 and a beta of 1.43. The business has a 50 day moving average price of GBX 53.39 and a two-hundred day moving average price of GBX 52.15. The company has a debt-to-equity ratio of 30.74, a quick ratio of 1.50 and a current ratio of 2.43.

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.