Annexon Inc (ANNX) is -21.17% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Annexon Inc (NASDAQ: ANNX) was 3.73% up from the session before settling in for the closing price of $5.10. A 52-week range for ANNX has been $2.27 – $8.40.

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When this article was written, the company’s average yearly earnings per share was at 46.12%. With a float of $89.33 million, this company’s outstanding shares have now reached $106.59 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 47.88%, operating margin of -2704.54%, and the pretax margin is -2414.73%.

Annexon Inc (ANNX) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Annexon Inc stocks. The insider ownership of Annexon Inc is 16.20%, while institutional ownership is 88.32%. 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) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.36 earnings per share (EPS) during the time that was better than consensus figure (set at -0.48) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 46.12% 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

You can see what Annexon Inc (ANNX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 17.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.04, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach -1.09 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 1.77 million was inferior to 1.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 7.81%. Additionally, its Average True Range was 0.36.

During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 17.68%, which indicates a significant increase from 9.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.73% in the past 14 days, which was lower than the 60.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.71, while its 200-day Moving Average is $5.82. Now, the first resistance to watch is $5.45. This is followed by the second major resistance level at $5.61. The third major resistance level sits at $5.81. If the price goes on to break the first support level at $5.09, it is likely to go to the next support level at $4.89. The third support level lies at $4.73 if the price breaches the second support level.

Annexon Inc (NASDAQ: ANNX) Key Stats

There are 106,594K outstanding shares of the company, which has a market capitalization of 563.88 million. As of now, sales total 0 K while income totals -134,240 K. Its latest quarter income was 0 K while its last quarter net income were -34,820 K.