A new trading day began on Monday, with Anixa Biosciences Inc (NASDAQ: ANIX) stock price up 22.15% from the previous day of trading, before settling in for the closing price of $3.25. ANIX’s price has ranged from $2.14 to $5.13 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -55.51%. Meanwhile, its annual earnings per share averaged -23.55%. With a float of $30.55 million, this company’s outstanding shares have now reached $31.15 million.
The extent of productivity of a business whose workforce counts for 5 workers is very important to gauge. In terms of profitability, gross margin is 74.36%, operating margin of -8794.23%, and the pretax margin is -8016.67%.
Anixa Biosciences Inc (ANIX) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Anixa Biosciences Inc is 5.05%, while institutional ownership is 17.35%. The most recent insider transaction that took place on Jul 30 ’24, was worth 66,237. In this transaction Director of this company bought 21,646 shares at a rate of $3.06, taking the stock ownership to the 890,754 shares. Before that another transaction happened on Jul 31 ’24, when Company’s Director bought 5,580 for $3.23, making the entire transaction worth $18,023. This insider now owns 896,334 shares in total.
Anixa Biosciences Inc (ANIX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -23.55% per share during the next fiscal year.
Anixa Biosciences Inc (NASDAQ: ANIX) Trading Performance Indicators
Here are Anixa Biosciences Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 11.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.37 in one year’s time.
Technical Analysis of Anixa Biosciences Inc (ANIX)
The latest stats from [Anixa Biosciences Inc, ANIX] show that its last 5-days average volume of 0.16 million was superior to 0.11 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 89.05%. Additionally, its Average True Range was 0.19.
During the past 100 days, Anixa Biosciences Inc’s (ANIX) raw stochastic average was set at 99.18%, which indicates a significant increase from 98.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.82% in the past 14 days, which was higher than the 68.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.22, while its 200-day Moving Average is $3.24. Now, the first resistance to watch is $4.17. This is followed by the second major resistance level at $4.36. The third major resistance level sits at $4.74. If the price goes on to break the first support level at $3.59, it is likely to go to the next support level at $3.21. Assuming the price breaks the second support level, the third support level stands at $3.02.
Anixa Biosciences Inc (NASDAQ: ANIX) Key Stats
With a market capitalization of 127.75 million, the company has a total of 32,006K Shares Outstanding. Currently, annual sales are 210 K while annual income is -9,810 K. The company’s previous quarter sales were 0 K while its latest quarter income was -3,280 K.
