6.44% volatility in Annexon Inc (ANNX) last month: This is a red flag warning

On Tuesday, Annexon Inc (NASDAQ: ANNX) was -1.81% drop from the session before settling in for the closing price of $4.96. 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 $89.32 million, this company’s outstanding shares have now reached $105.71 million.

Let’s look at the performance matrix of the company that is accounted for 71 employees. 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 Updates

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 88.36%. The most recent insider transaction that took place on Dec 02 ’24, was worth 17,056. In this transaction Director of this company bought 3,200 shares at a rate of $5.33, taking the stock ownership to the 25,600 shares. Before that another transaction happened on Oct 15 ’24, when Company’s EVP & CHIEF INNOVATION OFFICER sold 5,408 for $7.41, making the entire transaction worth $40,073. This insider now owns 71,365 shares in total.

Annexon Inc (ANNX) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 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)

Annexon Inc (NASDAQ: ANNX) saw its 5-day average volume 0.92 million, a negative change from its year-to-date volume of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 21.63%. Additionally, its Average True Range was 0.33.

During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 2.30%, which indicates a significant decrease from 9.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.97% in the past 14 days, which was lower than the 56.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.47, while its 200-day Moving Average is $5.82. Nevertheless, the first resistance level for the watch stands at $4.97 in the near term. At $5.08, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.16. If the price goes on to break the first support level at $4.78, it is likely to go to the next support level at $4.70. Assuming the price breaks the second support level, the third support level stands at $4.59.

Annexon Inc (NASDAQ: ANNX) Key Stats

There are 106,594K outstanding shares of the company, which has a market capitalization of 519.11 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.