A new trading day began on Monday, with Annexon Inc (NASDAQ: ANNX) stock price down -3.58% from the previous day of trading, before settling in for the closing price of $6.14. ANNX’s price has ranged from $1.57 to $8.40 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 44.78%. With a float of $83.99 million, this company’s outstanding shares have now reached $105.65 million.
Let’s look at the performance matrix of the company that is accounted for 71 employees.
Annexon Inc (ANNX) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Annexon Inc is 20.51%, while institutional ownership is 86.21%. 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) Latest Financial update
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
Here are Annexon Inc’s current performance indicators. According to the last quarter’s results, the stock had 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)
Annexon Inc (NASDAQ: ANNX) saw its 5-day average volume 1.26 million, a negative change from its year-to-date volume of 1.92 million. As of the previous 9 days, the stock’s Stochastic %D was 12.82%. Additionally, its Average True Range was 0.39.
During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 53.09%, which indicates a significant increase from 2.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.98% in the past 14 days, which was lower than the 84.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.09, while its 200-day Moving Average is $5.32. Nevertheless, the first resistance level for the watch stands at $6.12 in the near term. At $6.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.44. If the price goes on to break the first support level at $5.80, it is likely to go to the next support level at $5.68. The third support level lies at $5.48 if the price breaches the second support level.
Annexon Inc (NASDAQ: ANNX) Key Stats
With a market capitalization of 625.45 million, the company has a total of 92,413K Shares Outstanding. Currently, annual sales are 0 K while annual income is -134,240 K. The company’s previous quarter sales were 0 K while its latest quarter income was -29,610 K.
