Angiodynamics Stock Price on April 17, 2023

ANGO Stock  USD 6.03  0.23  3.67%   
Below is the normalized historical share price chart for AngioDynamics extending back to May 27, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AngioDynamics stands at 6.03, as last reported on the 23rd of April, with the highest price reaching 6.30 and the lowest price hitting 6.00 during the day.
IPO Date
27th of May 2004
200 Day MA
6.9856
50 Day MA
5.941
Beta
0.681
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in AngioDynamics Stock, it is important to understand the factors that can impact its price. We consider AngioDynamics somewhat reliable. AngioDynamics secures Sharpe Ratio (or Efficiency) of 0.0173, which signifies that the company had a 0.0173% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for AngioDynamics, which you can use to evaluate the volatility of the firm. Please confirm AngioDynamics' mean deviation of 2.25, and Risk Adjusted Performance of 0.0388 to double-check if the risk estimate we provide is consistent with the expected return of 0.0521%.
  
As of the 23rd of April 2024, Common Stock Shares Outstanding is likely to drop to about 29.4 M. In addition to that, Total Stockholder Equity is likely to drop to about 404.2 M. At this time, AngioDynamics' Price Book Value Ratio is very stable compared to the past year. As of the 23rd of April 2024, Price To Operating Cash Flows Ratio is likely to grow to 4,525, while Price To Sales Ratio is likely to drop 1.20. AngioDynamics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0173

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Estimated Market Risk

 3.01
  actual daily
26
74% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average AngioDynamics is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AngioDynamics by adding it to a well-diversified portfolio.
Price Book
1.1667
Enterprise Value Ebitda
(5.77)
Price Sales
0.7875
Shares Float
38.9 M
Wall Street Target Price
13.5

AngioDynamics Valuation on April 17, 2023

It is possible to determine the worth of AngioDynamics on a given historical date. On April 17, 2023 AngioDynamics was worth 8.9 at the beginning of the trading date compared to the closed value of 9.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AngioDynamics stock. Still, in general, we apply an absolute valuation method to find AngioDynamics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AngioDynamics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AngioDynamics' related companies.
 Open High Low Close Volume
  9.40    9.47    8.98    9.09    238,431  
04/17/2023
  8.90    9.14    8.88    9.08    361,214  
  9.12    9.21    8.73    8.78    252,786  
Backtest AngioDynamics  |  AngioDynamics History  |  AngioDynamics Valuation   PreviousNext  
Open Value
8.9
9.08
Closing Value
17.93
Upside

AngioDynamics Trading Date Momentum on April 17, 2023

On April 18 2023 AngioDynamics was traded for  8.78  at the closing time. The top price for the day was 9.21  and the lowest listed price was  8.73 . The trading volume for the day was 252.8 K. The trading history from April 18, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.30% . The overall trading delta against the current closing price is 8.70% .

AngioDynamics Fundamentals Correlations and Trends

By evaluating AngioDynamics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AngioDynamics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AngioDynamics financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AngioDynamics Stock history

AngioDynamics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AngioDynamics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AngioDynamics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AngioDynamics stock prices may prove useful in developing a viable investing in AngioDynamics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.4 M29.4 M
Net Loss-47.2 M-44.8 M

AngioDynamics Quarterly Net Working Capital

111.03 Million

AngioDynamics Stock Technical Analysis

AngioDynamics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AngioDynamics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AngioDynamics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

AngioDynamics Period Price Range

Low
April 17, 2023
0.18  2.02%
High

 8.90 

     

 9.08 

AngioDynamics April 23, 2024 Market Strength

Market strength indicators help investors to evaluate how AngioDynamics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AngioDynamics shares will generate the highest return on investment. By undertsting and applying AngioDynamics stock market strength indicators, traders can identify AngioDynamics entry and exit signals to maximize returns

AngioDynamics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AngioDynamics' price direction in advance. Along with the technical and fundamental analysis of AngioDynamics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AngioDynamics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether AngioDynamics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AngioDynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Angiodynamics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Angiodynamics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngioDynamics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in AngioDynamics Stock, please use our How to Invest in AngioDynamics guide.
Note that the AngioDynamics information on this page should be used as a complementary analysis to other AngioDynamics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running AngioDynamics' price analysis, check to measure AngioDynamics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AngioDynamics is operating at the current time. Most of AngioDynamics' value examination focuses on studying past and present price action to predict the probability of AngioDynamics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngioDynamics' price. Additionally, you may evaluate how the addition of AngioDynamics to your portfolios can decrease your overall portfolio volatility.
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Is AngioDynamics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AngioDynamics. If investors know AngioDynamics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AngioDynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.80)
Revenue Per Share
8.105
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.05)
Return On Equity
(0.62)
The market value of AngioDynamics is measured differently than its book value, which is the value of AngioDynamics that is recorded on the company's balance sheet. Investors also form their own opinion of AngioDynamics' value that differs from its market value or its book value, called intrinsic value, which is AngioDynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AngioDynamics' market value can be influenced by many factors that don't directly affect AngioDynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AngioDynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if AngioDynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngioDynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.