Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of AnaptysBio Inc (NASDAQ: ANAB) closed at $23.82 in the last session, down -0.33% from day before closing price of $23.90. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
We take a closer look at ANAB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 8.25 and its Current Ratio is at 8.25. In the meantime, Its Debt-to-Equity ratio is 10.17 whereas as Long-Term Debt/Eq ratio is at 10.11.
On February 04, 2025, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $25.
H.C. Wainwright Downgraded its Buy to Neutral on December 11, 2024, whereas the target price for the stock was revised from $52 to $19.
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 Dec 30 ’24 when EcoR1 Capital, LLC bought 65,184 shares for $12.92 per share. The transaction valued at 842,060 led to the insider holds 7,860,180 shares of the business.
EcoR1 Capital, LLC bought 13,268 shares of ANAB for $171,513 on Dec 31 ’24. The Director now owns 7,873,448 shares after completing the transaction at $12.93 per share. On Jan 02 ’25, another insider, EcoR1 Capital, LLC, who serves as the Director of the company, bought 6,646 shares for $12.95 each. As a result, the insider paid 86,070 and bolstered with 7,880,094 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.26 while its Price-to-Book (P/B) ratio in mrq is 21.28.
Stock Price History:
Over the past 52 weeks, ANAB has reached a high of $41.31, while it has fallen to a 52-week low of $12.21. The 50-Day Moving Average of the stock is 14.68%, while the 200-Day Moving Average is calculated to be 6.82%.
Shares Statistics:
A total of 30.39M shares are outstanding, with a floating share count of 26.48M. Insiders hold about 9.88% of the company’s shares, while institutions hold 128.18% stake in the company.