Ratios in Focus: Analyzing Annexon Inc (ANNX)’s Price-to-Cash and Price-to-Free Cash Flow

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In the latest session, Annexon Inc (NASDAQ: ANNX) closed at $4.49 down -6.36% from its previous closing price of $4.80. In other words, the price has decreased by -$6.36 from its previous closing price. On the day, 1.23 million shares were traded. ANNX stock price reached its highest trading level at $4.755 during the session, while it also had its lowest trading level at $4.45.

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 20.62 and its Current Ratio is at 20.62. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.

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 Jul 01 ’24 when Carson William H. bought 3,200 shares for $5.00 per share. The transaction valued at 16,000 led to the insider holds 12,800 shares of the business.

Carson William H. bought 3,200 shares of ANNX for $15,459 on Jun 03 ’24. The Director now owns 9,600 shares after completing the transaction at $4.83 per share. On May 01 ’24, another insider, Carson William H., who serves as the Director of the company, bought 3,200 shares for $4.68 each. As a result, the insider paid 14,982 and bolstered with 6,400 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 473308832 and an Enterprise Value of 180770768.

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 -9.72%, while the 200-Day Moving Average is calculated to be 7.22%.

Shares Statistics:

For the past three months, ANNX has traded an average of 2.87M shares per day and 2350610 over the past ten days. A total of 105.41M shares are outstanding, with a floating share count of 80.13M. Insiders hold about 23.98% of the company’s shares, while institutions hold 74.37% stake in the company. Shares short for ANNX as of 1718323200 were 4053215 with a Short Ratio of 1.41, compared to 1715731200 on 7569377. Therefore, it implies a Short% of Shares Outstanding of 4053215 and a Short% of Float of 4.61.

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