A new trading day began on Monday, with Annexon Inc (NASDAQ: ANNX) stock price up 13.96% from the previous day of trading, before settling in for the closing price of $4.44. ANNX’s price has ranged from $2.48 to $8.40 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 46.05%. With a float of $89.48 million, this company’s outstanding shares have now reached $105.71 million.
In an organization with 71 employees, it is important to assess its efficiency. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Annexon Inc is 16.06%, 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 46.05% 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
Here are Annexon Inc’s current performance indicators. According to the last quarter’s results, the stock had 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 -1.10 in one year’s time.
Technical Analysis of Annexon Inc (ANNX)
Let’s dig in a bit further. During the last 5-days, its volume was 1.59 million. That was inferior than the volume of 1.79 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.97%. Additionally, its Average True Range was 0.35.
During the past 100 days, Annexon Inc’s (ANNX) raw stochastic average was set at 19.13%, which indicates a significant decrease from 57.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.85% in the past 14 days, which was higher than the 60.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.35, while its 200-day Moving Average is $5.80. However, in the short run, Annexon Inc’s stock first resistance to watch stands at $5.30. Second resistance stands at $5.54. The third major resistance level sits at $5.78. If the price goes on to break the first support level at $4.82, it is likely to go to the next support level at $4.58. The third support level lies at $4.34 if the price breaches the second support level.
Annexon Inc (NASDAQ: ANNX) Key Stats
With a market capitalization of 531.00 million, the company has a total of 106,594K Shares Outstanding. Currently, annual sales are 0 K while annual income is -134,240 K. The company’s previous quarter sales were 0 K while its latest quarter income was -34,820 K.
