Angi Inc (NASDAQ: ANGI) Recovers 5.26% From 52-Week Low, Is ANGI Still A High-Risk, High-Reward Play?

Angi Inc (NASDAQ:ANGI) currently has a daily average trading volume of 839.09K but it saw 2505316 shares traded in last market. With a market cap of 845.36M USD, the company’s current market price of $1.70 came rising about 3.66 while comparing to the previous closing price of $1.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.10 and as low as $1.62. In the recent trading on the day, stock has struck highest price mark of $1.635 while lowest mark touched by it was $1.78.

Taking a look at 20-day trading activity of Angi Inc (ANGI) gives us an average price of $1.8745, while its current price level is -45.07% below from 52-week high level whereas it is 5.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.1521 while that of 200 days or SMA-200 reads an average of $2.2866. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.18% during that period while stretching the period over a month that decreases to 5.52%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 34.43 which implies that the stock is in neutral territory.

Goldman downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 13, 2024 while assigning a price target range of $3.25-$2.50. Citigroup also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $3.25 and $2.

Over the week, ANGI’s stock price is moving -7.61% down while it is -14.14% when we observe its performance for the past one month. Year-to-date it is -31.73% down and over the past year, the stock is showing a downside performance of -30.61%.

Currently, Angi Inc’s total number of outstanding shares is 75.71M. Company’s return on investment (ROI) stands at 2.03% and return on equity (ROE) at 3.77%. It has a price to earnings ratio (P/E ratio) of 27.11 while having a 43.21 of forward P/E ratio. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 0.79 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is 2.11% on average.