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The closing price of Annexon Inc (NASDAQ: ANNX) was $2.25 for the day, up 0.45% from the previous closing price of $2.24. In other words, the price has increased by $0.45 from its previous closing price. On the day, 1.09 million shares were traded. ANNX stock price reached its highest trading level at $2.31 during the session, while it also had its lowest trading level at $2.215.
Ratios:
Our analysis of ANNX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.37 and its Current Ratio is at 10.37. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 18 ’25 when Dananberg Jamie sold 5,521 shares for $2.96 per share. The transaction valued at 16,342 led to the insider holds 33,479 shares of the business.
ARTIS DEAN RICHARD sold 5,515 shares of ANNX for $16,380 on Feb 18 ’25. The EVP & CHIEF SCIENTIFIC OFFICER now owns 83,814 shares after completing the transaction at $2.97 per share. On Feb 18 ’25, another insider, Yednock Ted, who serves as the EVP & CHIEF INNOVATION OFFICER of the company, sold 8,345 shares for $2.91 each. As a result, the insider received 24,284 and left with 61,237 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 246847504 and an Enterprise Value of -36197892.
Stock Price History:
The Beta on a monthly basis for ANNX is 1.18, which has changed by -0.66063344 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, ANNX has reached a high of $8.26, while it has fallen to a 52-week low of $2.18. The 50-Day Moving Average of the stock is -26.64%, while the 200-Day Moving Average is calculated to be -56.66%.
Shares Statistics:
ANNX traded an average of 1.43M shares per day over the past three months and 2280600 shares per day over the past ten days. A total of 109.38M shares are outstanding, with a floating share count of 95.11M. Insiders hold about 13.31% of the company’s shares, while institutions hold 90.97% stake in the company. Shares short for ANNX as of 1741910400 were 11118280 with a Short Ratio of 7.80, compared to 1739491200 on 10100209. Therefore, it implies a Short% of Shares Outstanding of 11118280 and a Short% of Float of 12.04.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
