Anghami Inc (NASDAQ: ANGH) is -49.87% lower on its value in year-to-date trading and has touched a low of $0.42 and a high of $1.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANGH stock was last observed hovering at around $0.49 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.49, the stock is -3.34% and -7.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing -0.27% at the moment leaves the stock -27.64% off its SMA200. ANGH registered -41.14% loss for a year compared to 6-month loss of -28.68%. The firm has a 50-day simple moving average (SMA 50) of $0.52642 and a 200-day simple moving average (SMA200) of $0.672125.
The stock witnessed a -3.00% gain in the last 1 month and extending the period to 3 months gives it a -14.14%, and is -9.35% down 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 13.59% over the week and 8.25% over the month.
Anghami Inc (ANGH) has around 186 employees, a market worth around $32.43M and $78.09M in sales. Profit margin for the company is -81.38%. Distance from 52-week low is 14.44% and -55.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-88.13%).
.
Anghami Inc (ANGH) Top Institutional Holders
9.0 institutions hold shares in Anghami Inc (ANGH), with institutional investors hold 10.46% of the company’s shares. The shares outstanding are 66.86M, and float is at 17.04M with Short Float at 0.06%. Institutions hold 2.94% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 27075.0 shares valued at $28970.0. The investor’s holdings represent 0.1024% of the ANGH Shares outstanding. As of 2024-06-30, the second largest holder is XTX TOPCO LTD with 22612.0 shares valued at $24082.0 to account for 0.0855 of the shares outstanding. The other top investors are HIGHTOWER ADVISORS, LLC which holds 21800.0 shares representing 0.0825% and valued at over $23000.0, while GEODE CAPITAL MANAGEMENT, LLC holds 0.0808 of the shares totaling 21354.0 with a market value of $22742.0.
Anghami Inc (ANGH) Insider Activity
#####
