Annexon Inc (ANNX) concluded trading on Thursday at a closing price of $4.11, with 4.09 million shares of worth about $16.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -29.98% during that period and on January 16, 2025 the price saw a loss of about -3.07%. Currently the company’s common shares owned by public are about 105.71M shares, out of which, 89.43M shares are available for trading.
Stock saw a price change of -15.08% in past 5 days and over the past one month there was a price change of -7.43%. Year-to-date (YTD), ANNX shares are showing a performance of -19.88% which decreased to -6.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.86 but also hit the highest price of $8.40 during that period. The average intraday trading volume for Annexon Inc shares is 1.35 million. The stock is currently trading -17.80% below its 20-day simple moving average (SMA20), while that difference is down -24.11% for SMA50 and it goes to -27.95% lower than SMA200.
Annexon Inc (NASDAQ: ANNX) currently have 105.71M outstanding shares and institutions hold larger chunk of about 88.57% of that.
The stock has a current market capitalization of $438.10M and its 3Y-monthly beta is at 1.11. It has posted earnings per share of -$1.04 in the same period. It has Quick Ratio of 17.18 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ANNX, volatility over the week remained 8.71% while standing at 7.02% over the month.
Analysts are in expectations that Annexon Inc (ANNX) stock would likely to be making an EPS of -0.29 in the current quarter, while forecast for next quarter EPS is -0.28 and it is -1.07 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.34 which is -0.27 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.36 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 46.05% while it is estimated to decrease by -13.42% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on March 01, 2024 offering an Overweight rating for the stock and assigned a target price of $11 to it. Coverage by BofA Securities stated Annexon Inc (ANNX) stock as a Buy in their note to investors on December 21, 2023, suggesting a price target of $6 for the stock. On October 30, 2023, Wells Fargo Initiated their recommendations, while on May 26, 2023, BofA Securities Downgrade their ratings for the stock with a price target of $3. Stock get a Neutral rating from JP Morgan on May 25, 2023.
