Annexon Inc (NASDAQ: ANNX) on Monday, plunged -4.01% from the previous trading day, before settling in for the closing price of $5.98. Within the past 52 weeks, ANNX’s price has moved between $1.57 and $8.40.
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The company achieved an average annual earnings per share of 13.88%. With a float of $82.76 million, this company’s outstanding shares have now reached $105.09 million.
In an organization with 71 employees, it is important to assess its efficiency.
Annexon Inc (ANNX) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Annexon Inc is 21.24%, while institutional ownership is 66.36%. The most recent insider transaction that took place on Apr 08 ’24, was worth 19,411. In this transaction Director of this company bought 3,200 shares at a rate of $6.07, taking the stock ownership to the 3,200 shares. Before that another transaction happened on Feb 20 ’24, when Company’s EVP & CHIEF INNOVATION OFFICER sold 2,604 for $5.51, making the entire transaction worth $14,348. This insider now owns 72,471 shares in total.
Annexon Inc (ANNX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 13.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 38.60% during the next five years compared to -29.69% drop over the previous five years of trading.
Annexon Inc (NASDAQ: ANNX) Trading Performance Indicators
Annexon Inc (ANNX) is currently performing well based on its current performance indicators. A quick ratio of 14.72 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.78, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -1.64 in one year’s time.
Technical Analysis of Annexon Inc (ANNX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.17 million. That was inferior than the volume of 1.51 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.57%. Additionally, its Average True Range was 0.60.
During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 56.61%, which indicates a significant increase from 9.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.09% in the past 14 days, which was lower than the 101.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.73, while its 200-day Moving Average is $3.69. However, in the short run, Annexon Inc’s stock first resistance to watch stands at $6.00. Second resistance stands at $6.26. The third major resistance level sits at $6.54. If the price goes on to break the first support level at $5.47, it is likely to go to the next support level at $5.19. The third support level lies at $4.93 if the price breaches the second support level.
Annexon Inc (NASDAQ: ANNX) Key Stats
Market capitalization of the company is 603.22 million based on 90,026K outstanding shares. Right now, sales total 0 K and income totals -134,240 K. The company made 0 K in profit during its latest quarter, and -27,890 K in sales during its previous quarter.
