Market Insights: Annexon Inc (ANNX)’s Notable Drop of -3.61, Closing at 2.40

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As of close of business last night, Annexon Inc’s stock clocked out at $2.40, down -3.61% from its previous closing price of $2.49. In other words, the price has decreased by -$3.61 from its previous closing price. On the day, 5.39 million shares were traded. ANNX stock price reached its highest trading level at $2.48 during the session, while it also had its lowest trading level at $2.33.

Ratios:

To gain a deeper understanding of ANNX’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 263304016 and an Enterprise Value of -19741418.

Stock Price History:

The Beta on a monthly basis for ANNX is 1.13, which has changed by -0.6385542 over the last 52 weeks, in comparison to a change of 0.086116076 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 $2.30. The 50-Day Moving Average of the stock is -27.18%, while the 200-Day Moving Average is calculated to be -54.57%.

Shares Statistics:

It appears that ANNX traded 1.30M shares on average per day over the past three months and 1946030 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 1740700800 were 10895296 with a Short Ratio of 8.37, compared to 1738281600 on 10086385. Therefore, it implies a Short% of Shares Outstanding of 10895296 and a Short% of Float of 11.799999999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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