There’s a new sense of excitement surrounding Anixa Biosciences Inc (ANIX)

The price of Anixa Biosciences Inc (NASDAQ: ANIX) closed at $3.12 in the last session, down -3.41% from day before closing price of $3.23. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 123504 shares were traded.

Ratios:

We take a closer look at ANIX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 15.19 and its Current Ratio is at 15.19. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on December 23, 2022, initiated with a Buy rating and assigned the stock a target price of $8.

On April 12, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 15 ’24 when KUMAR AMIT bought 30,000 shares for $3.22 per share. The transaction valued at 96,600 led to the insider holds 491,925 shares of the business.

Baskies Arnold M bought 10,000 shares of ANIX for $36,300 on Mar 15 ’24. The Director now owns 110,000 shares after completing the transaction at $3.63 per share. On Jul 31 ’23, another insider, KUMAR AMIT, who serves as the Chief Executive Officer of the company, sold 11,800 shares for $3.57 each. As a result, the insider received 42,126 and left with 461,925 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANIX now has a Market Capitalization of 103.04M and an Enterprise Value of 79.40M. For the stock, the TTM Price-to-Sale (P/S) ratio is 473.94 while its Price-to-Book (P/B) ratio in mrq is 4.03. Its current Enterprise Value per Revenue stands at 378.10 whereas that against EBITDA is -6.61.

Stock Price History:

Over the past 52 weeks, ANIX has reached a high of $6.45, while it has fallen to a 52-week low of $2.75. The 50-Day Moving Average of the stock is 3.9558, while the 200-Day Moving Average is calculated to be 3.5944.

Shares Statistics:

According to the various share statistics, ANIX traded on average about 154.68K shares per day over the past 3-months and 170.43k shares per day over the past 10 days. A total of 31.15M shares are outstanding, with a floating share count of 30.34M. Insiders hold about 4.88% of the company’s shares, while institutions hold 13.87% stake in the company. Shares short for ANIX as of Mar 15, 2024 were 597.23k with a Short Ratio of 3.86, compared to 571.53k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.87% and a Short% of Float of 3.13%.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.11, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.11 and low estimates of -$0.11.

Analysts are recommending an EPS of between -$0.44 and -$0.44 for the fiscal current year, implying an average EPS of -$0.44. EPS for the following year is -$0.45, with 1 analysts recommending between -$0.45 and -$0.45.

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