Angi Inc (ANGI, Financial) experienced a notable stock surge, climbing 5.11% to $2.47 per share, with a trading volume of 110,236 shares and a turnover rate of 0.02%. The stock's price volatility reached 6.60%.
Recent financial reports indicate that Angi achieved a revenue of $315 million, a net profit of $3.76 million, and earnings per share of $0.01. The company's gross profit stands at $277 million, but it currently holds a high price-earnings ratio of -156.01.
In terms of institutional ratings, 67% of the nine participating analysts recommend buying Angi shares, while 33% suggest holding, and none advise selling. The broader internet information services industry, where Angi operates, saw a decline of 0.73%.
Within this sector, companies like Hanryu Holdings, Trump Media & Technology Group, and Moneyhero Ltd exhibited significant gains, while also showing high activity levels with turnover rates of 115.44%, 34.66%, and 7.78% respectively. These stocks also demonstrated substantial price swings, with amplitudes of 55.03%, 22.88%, and 21.70%.
Angi Inc connects consumers with high-quality home service professionals for various needs including repairs, cleaning, and landscaping. It operates through three segments: Ads and Leads, Services, and International, with its main revenue source being the U.S. Its prominent brands include Angi, HomeAdvisor, and Handy.
