Anghami Inc (NASDAQ: ANGH) is 74.04% higher on its value in year-to-date trading and has touched a low of $0.63 and a high of $3.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ANGH stock was last observed hovering at around $1.59 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $1.81, the stock is 78.67% and 77.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing 13.84% at the moment leaves the stock 68.18% off its SMA200. ANGH registered 4.62% gain for a year compared to 6-month gain of 126.25%. The firm has a 50-day simple moving average (SMA 50) of $1.06 and a 200-day simple moving average (SMA200) of -$4.77.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 84.69% loss in the last 1 month and extending the period to 3 months gives it a 70.75%, and is 83.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 42.38% over the week and 14.23% over the month.
Anghami Inc (ANGH) has around 145 employees, a market worth around $50.05M and $46.25M in sales. Profit margin for the company is -49.46%. Distance from 52-week low is 187.30% and -48.14% from its 52-week high.
Anghami Inc quarterly earnings per share for the current quarter are estimated at $0.
13 institutions hold shares in Anghami Inc (ANGH), with institutional investors hold 45.42% of the company’s shares. The shares outstanding are 26.01M, and float is at 11.69M with Short Float at 0.27%. Institutions hold 21.65% of the Float.
The top institutional shareholder in the company is Geode Capital Management, LLC with over 17135.0 shares valued at $20047.0. The investor’s holdings represent 0.07% of the ANGH Shares outstanding. As of Jun 29, 2023, the second largest holder is Renaissance Technologies, LLC with 18296.0 shares valued at $21406.0 to account for 0.07% of the shares outstanding. The other top investors are Morgan Stanley which holds 7632.0 shares representing 0.03% and valued at over $8929.0, while Wells Fargo & Company holds 0.02% of the shares totaling 6250.0 with a market value of $7312.0.
