Anpario (LON:ANP) Posts Earnings Results

Anpario (LON:ANP) released its earnings results on Wednesday. The company reported GBX 22.45 earnings per share for the quarter, Digital Look Earnings reports. Anpario had a return on equity of 17.05% and a net margin of 14.53%.

Anpario Trading Down 2.6%

LON ANP traded down GBX 12.50 during trading hours on Friday, reaching GBX 460. The company had a trading volume of 43,166 shares, compared to its average volume of 45,453. The company has a current ratio of 6.29, a quick ratio of 5.16 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of £74.92 million, a P/E ratio of 12.12 and a beta of 1.08. The stock has a 50-day moving average of GBX 529.75 and a 200 day moving average of GBX 516.08. Anpario has a 1-year low of GBX 391.11 and a 1-year high of GBX 580.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Canaccord Genuity Group raised their price objective on Anpario from GBX 570 to GBX 600 and gave the company a “buy” rating in a report on Friday. Shore Capital Group reissued a “house stock” rating on shares of Anpario in a research note on Monday, August 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Anpario presently has an average rating of “Buy” and a consensus target price of GBX 600.

About Anpario

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.