AngioDynamics, Inc. (NASDAQ:ANGO) CFO Michael Greiner sold 1,939 shares of the business’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $21.53, for a total value of $41,746.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Shares of ANGO opened at $21.38 on Friday. The company has a market capitalization of $805.91 million, a PE ratio of 28.89 and a beta of 0.75. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.55 and a current ratio of 2.64. AngioDynamics, Inc. has a one year low of $15.16 and a one year high of $24.49.
AngioDynamics (NASDAQ:ANGO) last announced its earnings results on Thursday, September 27th. The medical instruments supplier reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). The business had revenue of $85.34 million during the quarter, compared to analyst estimates of $84.05 million. AngioDynamics had a return on equity of 5.44% and a net margin of 4.62%. The firm’s revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 earnings per share. On average, sell-side analysts expect that AngioDynamics, Inc. will post 0.85 EPS for the current fiscal year.
Several research analysts have recently commented on ANGO shares. BidaskClub raised AngioDynamics from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 24th. Zacks Investment Research raised AngioDynamics from a “sell” rating to a “hold” rating in a report on Tuesday, September 11th. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. AngioDynamics has a consensus rating of “Buy” and a consensus target price of $18.44.
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AngioDynamics, Inc designs, manufactures, and sells various medical, surgical, and diagnostic devices for the treatment of peripheral vascular disease, vascular access, and for use in oncology and surgical settings in the United States and internationally. The company provides AngioVac venous drainage system that includes venous drainage cannula for the removal of fresh, soft thrombi, or emboli during extracorporeal bypass; and cardiopulmonary bypass circuit for use in procedures during extracorporeal circulatory support.
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