Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of AnaptysBio Inc (NASDAQ: ANAB) was $21.27 for the day, down -9.57% from the previous closing price of $23.52. In other words, the price has decreased by -$9.57 from its previous closing price. On the day, 1.97 million shares were traded.
Ratios:
Our analysis of ANAB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.25 and its Current Ratio is at 8.25. In the meantime, Its Debt-to-Equity ratio is 10.17 whereas as Long-Term Debt/Eq ratio is at 10.11.
On February 04, 2025, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $25.
H.C. Wainwright Downgraded its Buy to Neutral on December 11, 2024, whereas the target price for the stock was revised from $52 to $19.
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 Dec 30 ’24 when EcoR1 Capital, LLC bought 65,184 shares for $12.92 per share. The transaction valued at 842,060 led to the insider holds 7,860,180 shares of the business.
EcoR1 Capital, LLC bought 13,268 shares of ANAB for $171,513 on Dec 31 ’24. The Director now owns 7,873,448 shares after completing the transaction at $12.93 per share. On Jan 02 ’25, another insider, EcoR1 Capital, LLC, who serves as the Director of the company, bought 6,646 shares for $12.95 each. As a result, the insider paid 86,070 and bolstered with 7,880,094 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.59 while its Price-to-Book (P/B) ratio in mrq is 19.00.
Stock Price History:
Over the past 52 weeks, ANAB has reached a high of $41.31, while it has fallen to a 52-week low of $12.21. The 50-Day Moving Average of the stock is 6.72%, while the 200-Day Moving Average is calculated to be -7.12%.
Shares Statistics:
A total of 30.39M shares are outstanding, with a floating share count of 26.48M. Insiders hold about 9.88% of the company’s shares, while institutions hold 128.18% stake in the company.
