In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Annexon Inc (NASDAQ: ANNX) closed at $3.07 up 1.99% from its previous closing price of $3.01. In other words, the price has increased by $1.99 from its previous closing price. On the day, 0.84 million shares were traded. ANNX stock price reached its highest trading level at $3.24 during the session, while it also had its lowest trading level at $3.0049.
Ratios:
For a deeper understanding of Annexon Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.18 and its Current Ratio is at 17.18. In the meantime, Its Debt-to-Equity ratio is 0.09 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:
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 Feb 13 ’25 when Yednock Ted bought 1,783 shares for $2.98 per share.
Love Douglas bought 5,021 shares of ANNX for $14,799 on Feb 13 ’25. On Feb 13 ’25, another insider, Lew Jennifer, who serves as the Officer of the company, bought 1,786 shares for $2.98 each.
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 327243584 and an Enterprise Value of 16733060.
Stock Price History:
The Beta on a monthly basis for ANNX is 1.08, which has changed by -0.40847784 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, ANNX has reached a high of $8.40, while it has fallen to a 52-week low of $2.87. The 50-Day Moving Average of the stock is -31.29%, while the 200-Day Moving Average is calculated to be -44.56%.
Shares Statistics:
For the past three months, ANNX has traded an average of 1.44M shares per day and 1137440 over the past ten days. A total of 105.71M shares are outstanding, with a floating share count of 89.41M. Insiders hold about 16.12% of the company’s shares, while institutions hold 93.63% stake in the company. Shares short for ANNX as of 1738281600 were 10086385 with a Short Ratio of 6.99, compared to 1735603200 on 8978503. Therefore, it implies a Short% of Shares Outstanding of 10086385 and a Short% of Float of 11.310001.
