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.
After finishing at $11.36 in the prior trading day, Anavex Life Sciences Corporation (NASDAQ: AVXL) closed at $11.17, down -1.67%. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 0.76 million shares were traded. AVXL stock price reached its highest trading level at $11.625 during the session, while it also had its lowest trading level at $10.94.
Ratios:
Our goal is to gain a better understanding of AVXL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.74 and its Current Ratio is at 6.74. 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.
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 954104576 and an Enterprise Value of 837832576.
Stock Price History:
The Beta on a monthly basis for AVXL is 0.81, which has changed by 0.6975684 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, AVXL has reached a high of $14.44, while it has fallen to a 52-week low of $4.93. The 50-Day Moving Average of the stock is 17.53%, while the 200-Day Moving Average is calculated to be 25.20%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 1354310 shares per day over the last 10 days, according to various share statistics. A total of 85.33M shares are outstanding, with a floating share count of 82.56M. Insiders hold about 3.35% of the company’s shares, while institutions hold 36.93% stake in the company. Shares short for AVXL as of 1752537600 were 25145706 with a Short Ratio of 24.69, compared to 1749772800 on 25212383. Therefore, it implies a Short% of Shares Outstanding of 25145706 and a Short% of Float of 30.44.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of Anavex Life Sciences Corporation (AVXL) in the stock market is under the watchful eye of 2.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.12 and low estimates of -$0.17.
Analysts are recommending an EPS of between -$0.52 and -$0.6 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is $2.35, with 2.0 analysts recommending between $5.19 and -$0.49.
