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In the latest session, ANI Pharmaceuticals Inc (NASDAQ: ANIP) closed at $56.15 up 3.37% from its previous closing price of $54.32. In other words, the price has increased by $3.37 from its previous closing price. On the day, 0.53 million shares were traded. ANIP stock price reached its highest trading level at $56.22 during the session, while it also had its lowest trading level at $54.42.
Ratios:
For a deeper understanding of ANI Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.87. For the most recent quarter (mrq), Quick Ratio is recorded 3.07 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.68.
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, CapitalOne on March 15, 2024, initiated with a Overweight rating and assigned the stock a target price of $80.
On August 22, 2023, H.C. Wainwright reiterated its Buy rating and also lowered its target price recommendation from $60 to $73.
On March 01, 2023, Guggenheim started tracking the stock assigning a Buy rating and target price of $55.Guggenheim initiated its Buy rating on March 01, 2023, with a $55 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when Cook Meredith sold 250 shares for $59.62 per share. The transaction valued at 14,905 led to the insider holds 56,988 shares of the business.
Shanmugam Muthusamy sold 2,743 shares of ANIP for $170,066 on Jul 18 ’24. The HEAD OF R&D, COO-NOVITIUM OPS now owns 632,620 shares after completing the transaction at $62.00 per share. On Jul 16 ’24, another insider, Shanmugam Muthusamy, who serves as the HEAD OF R&D, COO-NOVITIUM OPS of the company, sold 22,000 shares for $64.27 each. As a result, the insider received 1,413,940 and left with 649,620 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, ANIP now has a Market Capitalization of 1180840192 and an Enterprise Value of 1163659520. As of this moment, ANI’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.91, and their Forward P/E ratio for the next fiscal year is 11.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 20.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 2.159 whereas that against EBITDA is 10.778.
Stock Price History:
Over the past 52 weeks, ANIP has reached a high of $70.81, while it has fallen to a 52-week low of $48.20. The 50-Day Moving Average of the stock is -8.74%, while the 200-Day Moving Average is calculated to be -8.00%.
Shares Statistics:
For the past three months, ANIP has traded an average of 303.47K shares per day and 484830 over the past ten days. A total of 20.47M shares are outstanding, with a floating share count of 17.40M. Insiders hold about 17.31% of the company’s shares, while institutions hold 74.76% stake in the company. Shares short for ANIP as of 1723680000 were 1668742 with a Short Ratio of 7.97, compared to 1721001600 on 389978. Therefore, it implies a Short% of Shares Outstanding of 1668742 and a Short% of Float of 10.280000000000001.
