Anghami Inc (ANGH)’s stock is trading at $1.78 at the moment marking a fall of -8.75% from the last session close. As of this writing, shares are priced at -49.02% less than their 52-week high of $3.49, and 182.43% over their 52-week low of $0.63. Based on the past 30-day period, the stock price is -11.16% below the high and +121.11% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, ANGH’s SMA-200 is $1.1079.
Further, it is important to consider ANGH stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 1.06.Likewise, its price to free cash flow for the last twelve months stands at 5.03.
How does Anghami Inc (ANGH) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 0 brokerage firms that recommend the stock as a No Ratings. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 0.00 in simple terms.
Anghami Inc (NASDAQ: ANGH) Ownership Details
I will give a breakdown of the key shareholders in Anghami Inc (ANGH). Recent figures show that the company’s insiders hold 52.35% of shares. A total of 13 institutional investors hold shares in the company, making 21.65% of its stock and 45.42% of its float.
Dec 30, 2023, it was reported that the Company’s largest institutional holder is Citadel Advisors Llc holding total of 23767.0 shares that make 0.09% of the company’s total number of shares and are currently priced at 43968.0.
The securities firm HighTower Advisors, LLC holds 21800.0 shares of ANGH, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.08%, and the holding percentage of shares is valued at 40330.0.
An overview of Anghami Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Anghami Inc (ANGH) traded 980,495 shares per day, with a moving average of $1.3834 and price change of +1.0575. With the moving average of $1.1460 and a price change of +0.9200, about 399,888 shares changed hands on average over the past 50 days. Finally, ANGH’s 100-day average volume is 914,307 shares, alongside a moving average of $1.2372 and a price change of +1.1498.
