The key reasons why Annexon Inc (ANNX) is -12.62% away from 52-week high?

Annexon Inc (NASDAQ: ANNX) flaunted slowness of -3.04% at $7.34, before settling in for the price of $7.57 at the close. Taking a more long-term approach, ANNX posted a 52-week range of $1.67-$8.40.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was -29.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 44.76%. This publicly-traded company’s shares outstanding now amounts to $105.65 million, simultaneously with a float of $83.99 million. The organization now has a market capitalization sitting at $775.47 million. At the time of writing, stock’s 50-day Moving Average stood at $6.48, while the 200-day Moving Average is $5.59.

Annexon Inc (ANNX) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Annexon Inc industry. Annexon Inc’s current insider ownership accounts for 20.51%, in contrast to 86.32% institutional ownership. According to the most recent insider trade that took place on Oct 15 ’24, this organization’s EVP & CHIEF INNOVATION OFFICER sold 5,408 shares at the rate of 7.41, making the entire transaction reach 40,073 in total value, affecting insider ownership by 71,365.

Annexon Inc (ANNX) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.

Annexon Inc’s EPS increase for this current 12-month fiscal period is 44.76% and is forecasted to reach -1.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 38.60% through the next 5 years, which can be compared against the -29.69% growth it accomplished over the previous five years trading on the market.

Annexon Inc (NASDAQ: ANNX) Trading Performance Indicators

Let’s observe the current performance indicators for Annexon Inc (ANNX). It’s Quick Ratio in the last reported quarter now stands at 21.81. The Stock has managed to achieve an average true range (ATR) of 0.39.

In the same vein, ANNX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.22, a figure that is expected to reach -0.26 in the next quarter, and analysts are predicting that it will be -1.14 at the market close of one year from today.

Technical Analysis of Annexon Inc (ANNX)

Now, what If we examine the latest scores posted by [Annexon Inc, ANNX]. During the last 5-days, its volume was lower the volume of 1.86 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 62.03% While, its Average True Range was 0.38.

Raw Stochastic average of Annexon Inc (ANNX) in the period of the previous 100 days is set at 85.00%, which indicates a major rise in contrast to 71.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 54.39% that was lower than 83.67% volatility it exhibited in the past 100-days period.