Shares of Anexo Group Plc (LON:ANX) experienced a notable increase of 3.1% during trading on Thursday, reaching a high of GBX 33. The stock was last recorded at GBX 33, with a total of 397,727 shares exchanged, representing a significant rise of 25% compared to the average trading volume of 317,719 shares. The previous closing price stood at GBX 32.
The performance of Anexo Group’s stock reflects a fifty-day moving average of GBX 33 and a two-hundred-day moving average of GBX 39.85. Financial indicators reveal a current ratio of 2.67, a quick ratio of 3.31, and a debt-to-equity ratio of 43.76. With a market capitalization of £32.34 million and a price-to-earnings ratio of 333.33, the stock demonstrates a beta of 0.77, indicating lower volatility compared to the broader market.
Company Overview
Anexo Group operates as a specialist integrated credit hire and legal services provider. The company focuses on delivering replacement vehicles to consumers involved in non-fault accidents. Additionally, Anexo offers dedicated services for tenants facing housing disrepair issues, particularly those related to category 1 hazards, assisting them in resolving disputes with landlords to facilitate essential repairs.
As trading activity remains robust, industry stakeholders are closely monitoring Anexo Group’s stock performance. Investors may find the rising share price indicative of positive market sentiment towards the company and its operational strategies moving forward.
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