(ANGH) Anghami De - Ratings and Ratios

Anghami Inc. is a leading digital music entertainment technology platform serving the Middle East and North Africa (MENA) region. Established in 2012 and headquartered in Abu Dhabi, United Arab Emirates, the company provides a comprehensive suite of digital entertainment and online streaming services. These include music, podcasts, music videos, and live events, catering to both Arabic and international audiences. Anghamis platform allows users to stream and download content, leveraging its extensive library of Arabic and global music. The company has expanded its offerings to include personalized recommendations, exclusive content partnerships, and social features that enhance user engagement. Anghami has also ventured into original content production, further solidifying its position in the MENA entertainment market.

From a stock performance perspective, Anghami Inc. (NASDAQ:ANGH) is currently trading at $0.67, with a 20-day average volume of 16,617 shares. The stocks short-term moving averages (SMA 20: $0.69, SMA 50: $0.72) and long-term SMA 200 ($0.85) indicate a downward trend. The Average True Range (ATR) of $0.05 reflects low volatility. On the fundamental side, the company has a market capitalization of $45.46M, with a price-to-book (P/B) ratio of 0.46, suggesting undervaluation relative to book value. The price-to-sales (P/S) ratio of 0.87 indicates modest valuation compared to revenue. Anghamis return on equity (RoE) stands at 122.36%, signaling strong profitability from equity. However, the absence of positive P/E ratios (both current and forward) raises concerns about earnings visibility.

3-Month Forecast: Based on the technical and fundamental data, Anghamis stock is expected to remain under pressure in the near term. The declining SMA trend and low ATR suggest limited upside momentum. However, the attractive P/B ratio and high RoE may attract value investors, potentially stabilizing the stock price. Resistance levels at $0.72 (SMA 50) and $0.85 (SMA 200) could cap upward movements, while support near $0.60 may limit downside risks. Overall, the stock is likely to trade sideways to slightly lower over the next three months, with a potential range of $0.60 to $0.75.