Annexon Inc (NASDAQ: ANNX) on Tuesday, soared 2.26% from the previous trading day, before settling in for the closing price of $7.09. Within the past 52 weeks, ANNX’s price has moved between $2.05 and $8.40.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The company achieved an average annual earnings per share of 44.76%. With a float of $83.99 million, this company’s outstanding shares have now reached $105.65 million.
The extent of productivity of a business whose workforce counts for 71 workers is very important to gauge. In terms of profitability, gross margin is 30.97%, operating margin of -2608.75%, and the pretax margin is -2366.61%.
Annexon Inc (ANNX) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Annexon Inc is 20.51%, while institutional ownership is 86.37%. The most recent insider transaction that took place on Oct 15 ’24, was worth 40,073. In this transaction EVP & CHIEF INNOVATION OFFICER of this company sold 5,408 shares at a rate of $7.41, taking the stock ownership to the 71,365 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Officer proposed sale 5,408 for $7.41, making the entire transaction worth $40,073.
Annexon Inc (ANNX) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.43 earnings per share (EPS) for the period topping the consensus outlook (set at -0.5) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.76% 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 21.81 was reported for the most recent quarter.
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)
The latest stats from [Annexon Inc, ANNX] show that its last 5-days average volume of 1.76 million was inferior to 1.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 32.46%. Additionally, its Average True Range was 0.34.
During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 82.35%, which indicates a significant increase from 40.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.28% in the past 14 days, which was lower than the 63.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.74, while its 200-day Moving Average is $5.72. Now, the first resistance to watch is $7.38. This is followed by the second major resistance level at $7.51. The third major resistance level sits at $7.73. If the price goes on to break the first support level at $7.03, it is likely to go to the next support level at $6.81. Assuming the price breaks the second support level, the third support level stands at $6.68.
Annexon Inc (NASDAQ: ANNX) Key Stats
Market capitalization of the company is 765.99 million based on 105,654K 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 -29,610 K in sales during its previous quarter.
