-4.56% percent quarterly performance for Angi Inc (ANGI) is not indicative of the underlying story

Angi Inc (NASDAQ: ANGI) kicked off on Tuesday, remained unchanged from the previous trading day ,before settling in for the closing price of $2.30. Over the past 52 weeks, ANGI has traded in a range of $1.54-$4.18.

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Communication Services Sector giant saw their annual sales surged by 4.87% over the last five years. While this was happening, its average annual earnings per share was recorded 100.00%. With a float of $68.04 million, this company’s outstanding shares have now reached $82.21 million.

The firm has a total of 3800 workers. Let’s measure their productivity.

Angi Inc (ANGI) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Angi Inc is 86.45%, while institutional ownership is 12.76%. The most recent insider transaction that took place on Apr 01 ’24, was worth 30,310. In this transaction Chief Technology Officer of this company sold 11,748 shares at a rate of $2.58, taking the stock ownership to the 166,034 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Chief Technology Officer sold 11,748 for $2.58, making the entire transaction worth $30,310. This insider now owns 160,060 shares in total.

Angi Inc (ANGI) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported -$0.01 earnings per share (EPS), higher than consensus estimate (set at -$0.02) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 100.00% per share during the next fiscal year.

Angi Inc (NASDAQ: ANGI) Trading Performance Indicators

Take a look at Angi Inc’s (ANGI) current performance indicators. Last quarter, stock had a quick ratio of 1.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80. Likewise, its price to free cash flow for the trailing twelve months is 20.24.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.06 in one year’s time.

Technical Analysis of Angi Inc (ANGI)

Analysing the last 5-days average volume posted by the [Angi Inc, ANGI], we can find that recorded value of 1.65 million was better than the volume posted last year of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 13.43%. Additionally, its Average True Range was 0.13.

During the past 100 days, Angi Inc’s (ANGI) raw stochastic average was set at 31.17%, which indicates a significant increase from 12.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.25% in the past 14 days, which was lower than the 57.77% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.61, while its 200-day Moving Average is $2.50. Now, the first resistance to watch is $2.35. This is followed by the second major resistance level at $2.40. The third major resistance level sits at $2.44. If the price goes on to break the first support level at $2.26, it is likely to go to the next support level at $2.22. Should the price break the second support level, the third support level stands at $2.17.

Angi Inc (NASDAQ: ANGI) Key Stats

The company with the Market Capitalisation of 1.15 billion has total of 502,034K Shares Outstanding. Its annual sales at the moment are 1,359 M in contrast with the sum of -40,940 K annual income. Company’s last quarter sales were recorded 219,440 K and last quarter income was -5,560 K.