Set Your Sights On Angiodynamic Inc (NASDAQ: ANGO)’S Upside Potential

Angiodynamic Inc (ANGO) concluded trading on Wednesday at a closing price of $12.94, with 4.41 million shares of worth about $57.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 131.07% during that period and on January 08, 2025 the price saw a gain of about 37.66%. Currently the company’s common shares owned by public are about 41.00M shares, out of which, 38.70M shares are available for trading.

Stock saw a price change of 41.27% in past 5 days and over the past one month there was a price change of 84.86%. Year-to-date (YTD), ANGO shares are showing a performance of 41.27% which increased to 102.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.26 but also hit the highest price of $9.63 during that period. The average intraday trading volume for Angiodynamic Inc shares is 539.46K. The stock is currently trading 40.26% above its 20-day simple moving average (SMA20), while that difference is up 63.64% for SMA50 and it goes to 85.73% higher than SMA200.

Angiodynamic Inc (NASDAQ: ANGO) currently have 41.00M outstanding shares and institutions hold larger chunk of about 79.30% of that.

The stock has a current market capitalization of $525.80M and its 3Y-monthly beta is at 0.58. It has posted earnings per share of -$6.04 in the same period. It has Quick Ratio of 1.41 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ANGO, volatility over the week remained 6.11% while standing at 6.39% over the month.

Stock’s fiscal year EPS is expected to drop by -5.26% while it is estimated to increase by 45.00% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on April 05, 2024 offering an Outperform rating for the stock and assigned a target price of $12 to it. Coverage by H.C. Wainwright stated Angiodynamic Inc (ANGO) stock as a Buy in their note to investors on September 25, 2023, suggesting a price target of $19 for the stock. On April 17, 2023, Raymond James Downgrade their recommendations, while on October 15, 2021, Canaccord Genuity Upgrade their ratings for the stock with a price target of $37. Stock get a Perform rating from Oppenheimer on August 20, 2021.

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