Annexon Inc (ANNX) Moves -5.49% Lower: These Numbers are Too Good to be True

As on Wednesday, Annexon Inc (NASDAQ: ANNX) started slowly as it slid -5.49% to $5.16, before settling in for the price of $5.46 at the close. Taking a more long-term approach, ANNX posted a 52-week range of $2.27-$8.40.

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It was noted that the giant of the Healthcare sector posted annual sales growth of 0.00% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -29.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 46.12%. This publicly-traded company’s shares outstanding now amounts to $106.59 million, simultaneously with a float of $84.12 million. The organization now has a market capitalization sitting at $550.02 million. At the time of writing, stock’s 50-day Moving Average stood at $6.86, while the 200-day Moving Average is $5.83.

Annexon Inc (ANNX) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Annexon Inc’s current insider ownership accounts for 21.08%, in contrast to 88.33% 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

Annexon Inc’s EPS increase for this current 12-month fiscal period is 46.12% and is forecasted to reach -1.09 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 17.18. The Stock has managed to achieve an average true range (ATR) of 0.38.

In the same vein, ANNX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.04, a figure that is expected to reach -0.27 in the next quarter, and analysts are predicting that it will be -1.09 at the market close of one year from today.

Technical Analysis of Annexon Inc (ANNX)

Through scrutinizing the latest numbers posted by the [Annexon Inc, ANNX], it can be observed that its last 5-days Average volume of 1.47 million was lower the volume of 1.82 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 3.52% While, its Average True Range was 0.39.

Raw Stochastic average of Annexon Inc (ANNX) in the period of the previous 100 days is set at 20.88%, which indicates a major rise in contrast to 4.46% 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 52.46% that was lower than 64.33% volatility it exhibited in the past 100-days period.