Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $7.03 in the prior trading day, Annexon Inc (NASDAQ: ANNX) closed at $6.65, down -5.41%. In other words, the price has decreased by -$5.41 from its previous closing price. On the day, 1.12 million shares were traded. ANNX stock price reached its highest trading level at $7.09 during the session, while it also had its lowest trading level at $6.56.
Ratios:
Our goal is to gain a better understanding of ANNX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 21.81 and its Current Ratio is at 21.81. In the meantime, Its Debt-to-Equity ratio is 0.08 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 19 ’24 when Yednock Ted sold 4,500 shares for $7.10 per share. The transaction valued at 31,950 led to the insider holds 0 shares of the business.
Yednock Ted bought 4,500 shares of ANNX for $31,950 on Sep 19 ’24. On Sep 12 ’24, another insider, Yednock Ted, who serves as the EVP & CHIEF INNOVATION OFFICER of the company, sold 5,500 shares for $6.16 each. As a result, the insider received 33,880 and left with 4,500 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 702599104 and an Enterprise Value of 364102848.
Stock Price History:
Over the past 52 weeks, ANNX has reached a high of $8.40, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 9.78%, while the 200-Day Moving Average is calculated to be 27.61%.
Shares Statistics:
The stock has traded on average 1.50M shares per day over the past 3-months and 1928280 shares per day over the last 10 days, according to various share statistics. A total of 105.65M shares are outstanding, with a floating share count of 83.98M. Insiders hold about 20.51% of the company’s shares, while institutions hold 86.20% stake in the company. Shares short for ANNX as of 1724976000 were 7041640 with a Short Ratio of 4.69, compared to 1722384000 on 7138539. Therefore, it implies a Short% of Shares Outstanding of 7041640 and a Short% of Float of 7.9799999999999995.
