On Friday, Annexon Inc (NASDAQ: ANNX) opened higher 0.07% from the last session, before settling in for the closing price of $7.03. Price fluctuations for ANNX have ranged from $1.57 to $8.40 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 44.78% at the time writing. With a float of $83.98 million, this company’s outstanding shares have now reached $105.65 million.
In an organization with 71 employees, it is important to assess its efficiency.
Annexon Inc (ANNX) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Annexon Inc is 20.51%, while institutional ownership is 86.20%. The most recent insider transaction that took place on Sep 19 ’24, was worth 31,950. In this transaction EVP & CHIEF INNOVATION OFFICER of this company sold 4,500 shares at a rate of $7.10, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 19 ’24, when Company’s Officer proposed sale 4,500 for $7.10, making the entire transaction worth $31,950.
Annexon Inc (ANNX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 44.78% 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
Check out the current performance indicators for Annexon Inc (ANNX). In the past quarter, the stock posted a quick ratio of 21.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.22, a number that is poised to hit -0.26 in the next quarter and is forecasted to reach -1.14 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 2.9 million. That was better than the volume of 1.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.62%. Additionally, its Average True Range was 0.40.
During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 87.35%, which indicates a significant increase from 86.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.36% in the past 14 days, which was lower than the 84.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.06, while its 200-day Moving Average is $5.21. However, in the short run, Annexon Inc’s stock first resistance to watch stands at $7.18. Second resistance stands at $7.32. The third major resistance level sits at $7.45. If the price goes on to break the first support level at $6.91, it is likely to go to the next support level at $6.78. Assuming the price breaks the second support level, the third support level stands at $6.64.
Annexon Inc (NASDAQ: ANNX) Key Stats
There are currently 92,413K shares outstanding in the company with a market cap of 742.72 million. Presently, the company’s annual sales total 0 K according to its annual income of -134,240 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -29,610 K.
