Angle (AGL)

Sector:

Support

Index:

FTSE AIM All-Share

14.00p
   
  • Change Today:
      0.25p
  • 52 Week High: 31.40p
  • 52 Week Low: 9.25p
  • Currency: UK Pounds
  • Shares Issued: 260.58m
  • Volume: 659,855
  • Market Cap: £36.48m
  • RiskGrade: 312
  • Beta: 0.05

Angle sees 'highly encouraging' results from prenatal testing

By Iain Gilbert

Date: Monday 29 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Medical diagnostics outfit Angle is talking to "several interested parties" to commercialise its testing device after a "highly encouraging" trial indicated it could be adapted as a non-invasive prenatal test.
Angle revealed that Parsortix had appeared to score well against several existing methods of non-invasive prenatal testing, but would require substantial further work before it could develop an effective non-invasive test.

"A test utilising intact fetal cells could have much wider application than the current cell-free tests," Angle said.

Angle stated that Parsortix was able to harvest intact cells, something that could be used to look for abnormalities, such as Down's Syndrome, as currently-available technology only allowed for fragments of dead fetal cells to be collected, limiting the scope for testing and assessment.

The AIM-listed firm said its test was able to distinguish between male and female chromosomes and, in one case, correctly identified trisomy 21, the marker for Down's.

"This was a small-scale pilot study and, whilst highly encouraging, substantial further work will be necessary to develop an effective NIPT test," Angle said.

Founder and chief executive Andrew Newland, said: "Non-invasive prenatal testing is a major new market for the Parsortix system and a potential solution to the current limitations of NIPT, providing a more comprehensive diagnosis of fetal abnormalities for mothers at risk of an affected pregnancy."

As of 1230 BST, Angle shares had climbed 8.35% to 42.80p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Angle Market Data

Currency UK Pounds
Share Price 14.00p
Change Today 0.25p
% Change 1.82 %
52 Week High 31.40p
52 Week Low 9.25p
Volume 659,855
Shares Issued 260.58m
Market Cap £36.48m
Beta 0.05
RiskGrade 312

Angle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.3% below the market average8.3% below the market average8.3% below the market average8.3% below the market average8.3% below the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Price Trend
45.91% below the market average45.91% below the market average45.91% below the market average45.91% below the market average45.91% below the market average
64% below the sector average64% below the sector average64% below the sector average64% below the sector average64% below the sector average
Income Not Available
Growth
13.9% below the market average13.9% below the market average13.9% below the market average13.9% below the market average13.9% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Angle Dividends

No dividends found

Trades for 01-May-2024

Time Volume / Share Price
15:10 30,000 @ 14.00p
13:31 3,280 @ 13.72p
12:39 666 @ 13.60p
12:18 50,000 @ 13.73p
12:12 40,000 @ 13.70p

Angle Key Personnel

CEO Andrew D Newland
Finance Director Ian F Griffiths
Chair Jan Groen

Top of Page