Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Annexon Inc’s stock clocked out at $7.45, up 0.54% from its previous closing price of $7.41. In other words, the price has increased by $0.54 from its previous closing price. On the day, 0.77 million shares were traded. ANNX stock price reached its highest trading level at $7.53 during the session, while it also had its lowest trading level at $7.3.
Ratios:
To gain a deeper understanding of ANNX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 21.81 and its Current Ratio is at 21.81. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
On December 21, 2023, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $4 to $6.
On October 30, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $11.Wells Fargo initiated its Overweight rating on October 30, 2023, with a $11 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 15 ’24 when Yednock Ted bought 5,408 shares for $7.41 per share.
Carson William H. bought 3,200 shares of ANNX for $19,104 on Oct 01 ’24. The Director now owns 22,400 shares after completing the transaction at $5.97 per share. On Sep 19 ’24, another insider, Yednock Ted, who serves as the EVP & CHIEF INNOVATION OFFICER of the company, sold 4,500 shares for $7.10 each. As a result, the insider received 31,950 and left with 0 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, ANNX now has a Market Capitalization of 787122304 and an Enterprise Value of 448626016.
Stock Price History:
Over the past 52 weeks, ANNX has reached a high of $8.40, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 19.34%, while the 200-Day Moving Average is calculated to be 35.37%.
Shares Statistics:
It appears that ANNX traded 1.31M shares on average per day over the past three months and 1409810 shares per day over the past ten days. A total of 105.65M shares are outstanding, with a floating share count of 83.99M. Insiders hold about 20.51% of the company’s shares, while institutions hold 86.32% stake in the company. Shares short for ANNX as of 1727654400 were 8691960 with a Short Ratio of 6.62, compared to 1724976000 on 7041640. Therefore, it implies a Short% of Shares Outstanding of 8691960 and a Short% of Float of 9.8500006.
