Anghami (NASDAQ:ANGH) Trading Down 2.3% – Here’s What Happened

Anghami Inc. (NASDAQ:ANGHGet Free Report) was down 2.3% on Monday . The company traded as low as $2.87 and last traded at $2.8710. Approximately 805 shares were traded during trading, a decline of 83% from the average daily volume of 4,810 shares. The stock had previously closed at $2.94.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Anghami in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Anghami presently has an average rating of “Sell”.

Read Our Latest Research Report on ANGH

Anghami Trading Down 2.3%

The firm has a fifty day moving average price of $2.91 and a 200 day moving average price of $3.94.

Anghami Company Profile

(Get Free Report)

Anghami Inc operates a digital music entertainment technology platform in the Middle East and North Africa. It offers digital entertainment and online streaming services, including music, podcasts, music videos, and live events; and a music application and platform that provides Arabic and international music to stream and download.

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