The price of Anavex Life Sciences Corporation (NASDAQ: AVXL) closed at $4.42 in the last session, down -1.34% from day before closing price of $4.48. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 1115063 shares were traded.
Ratios:
We take a closer look at AVXL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.85 and its Current Ratio is at 11.85. In the meantime, Its Debt-to-Equity ratio is 0.00 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 the company, Cantor Fitzgerald on December 06, 2022, Downgraded its rating to Neutral and sets its target price to $11 from $16 previously.
On June 23, 2022, Berenberg started tracking the stock assigning a Buy rating and target price of $40.
On September 23, 2021, BTIG Research started tracking the stock assigning a Buy rating and target price of $35.BTIG Research initiated its Buy rating on September 23, 2021, with a $35 target price.
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 28 ’24 when MISSLING CHRISTOPHER U sold 73,380 shares for $5.11 per share. The transaction valued at 374,972 led to the insider holds 1,250,210 shares of the business.
MISSLING CHRISTOPHER U sold 268,000 shares of AVXL for $2,139,310 on Jun 28 ’23. The President and CEO now owns 1,018,210 shares after completing the transaction at $7.98 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AVXL now has a Market Capitalization of 362.94M and an Enterprise Value of 219.17M.
Stock Price History:
Over the past 52 weeks, AVXL has reached a high of $10.45, while it has fallen to a 52-week low of $4.45. The 50-Day Moving Average of the stock is 5.3293, while the 200-Day Moving Average is calculated to be 6.8344.
Shares Statistics:
According to the various share statistics, AVXL traded on average about 1.30M shares per day over the past 3-months and 1.19M shares per day over the past 10 days. A total of 82.07M shares are outstanding, with a floating share count of 79.52M. Insiders hold about 3.16% of the company’s shares, while institutions hold 31.68% stake in the company. Shares short for AVXL as of Mar 15, 2024 were 20M with a Short Ratio of 15.41, compared to 19.89M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 24.36% and a Short% of Float of 25.16%.
Earnings Estimates
The company has 2 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 -$0.09 and a low estimate of -$0.13, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.09 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.39 and -$0.57 for the fiscal current year, implying an average EPS of -$0.48. EPS for the following year is -$0.64, with 2 analysts recommending between -$0.41 and -$0.87.
