Anghami Inc. (NASDAQ:ANGH – Get Free Report)’s share price was down 2.3% on Friday . The stock traded as low as $0.68 and last traded at $0.69. Approximately 7,349 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 34,819 shares. The stock had previously closed at $0.70.
Anghami Stock Performance
The firm has a 50 day simple moving average of $0.74 and a 200-day simple moving average of $0.79.
Institutional Trading of Anghami
A hedge fund recently raised its stake in Anghami stock. Geode Capital Management LLC raised its stake in shares of Anghami Inc. (NASDAQ:ANGH – Free Report) by 70.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,499 shares of the company’s stock after acquiring an additional 15,145 shares during the period. Geode Capital Management LLC owned approximately 0.12% of Anghami worth $29,000 as of its most recent SEC filing.
Anghami Company Profile
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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