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The price of Anixa Biosciences Inc (NASDAQ: ANIX) closed at $3.20 in the last session, up 4.58% from day before closing price of $3.06. In other words, the price has increased by $4.58 from its previous closing price. On the day, 0.63 million shares were traded. ANIX stock price reached its highest trading level at $3.64 during the session, while it also had its lowest trading level at $3.18.
Ratios:
We take a closer look at ANIX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.31 and its Current Ratio is at 11.31. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Chardan Capital Markets on December 23, 2022, initiated with a Buy rating and assigned the stock a target price of $8.
On April 12, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $11.
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 Jul 30 ’24 when Titterton Lewis H jr bought 21,646 shares for $3.06 per share. The transaction valued at 66,237 led to the insider holds 890,754 shares of the business.
Titterton Lewis H jr bought 5,580 shares of ANIX for $18,023 on Jul 31 ’24. The Director now owns 896,334 shares after completing the transaction at $3.23 per share. On Jul 26 ’24, another insider, Titterton Lewis H jr, who serves as the Director of the company, bought 7,700 shares for $3.03 each. As a result, the insider paid 23,331 and bolstered with 869,108 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, ANIX now has a Market Capitalization of 102974400 and an Enterprise Value of 81386376.
Stock Price History:
Over the past 52 weeks, ANIX has reached a high of $5.13, while it has fallen to a 52-week low of $2.14. The 50-Day Moving Average of the stock is -1.61%, while the 200-Day Moving Average is calculated to be 2.54%.
Shares Statistics:
According to the various share statistics, ANIX traded on average about 75.43K shares per day over the past 3-months and 139870 shares per day over the past 10 days. A total of 31.15M shares are outstanding, with a floating share count of 30.55M. Insiders hold about 5.05% of the company’s shares, while institutions hold 17.39% stake in the company. Shares short for ANIX as of 1730332800 were 421924 with a Short Ratio of 5.59, compared to 1727654400 on 627222. Therefore, it implies a Short% of Shares Outstanding of 421924 and a Short% of Float of 2.18.
