Ratios Uncovered: Breaking Down Anavex Life Sciences Corporation (AVXL)’s Trailing Twelve Months Metrics

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

The price of Anavex Life Sciences Corporation (NASDAQ: AVXL) closed at $11.16 in the last session, up 1.64% from day before closing price of $10.98. In other words, the price has increased by $1.64 from its previous closing price. On the day, 0.61 million shares were traded. AVXL stock price reached its highest trading level at $11.32 during the session, while it also had its lowest trading level at $10.99.

Ratios:

We take a closer look at AVXL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.74 and its Current Ratio is at 6.74. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Cantor Fitzgerald on December 06, 2022, Downgraded its rating to Neutral and sets its target price to $11 from $16 previously.

On June 23, 2022, Berenberg started tracking the stock assigning a Buy rating and target price of $40.

On September 23, 2021, BTIG Research started tracking the stock assigning a Buy rating and target price of $35.BTIG Research initiated its Buy rating on September 23, 2021, with a $35 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AVXL now has a Market Capitalization of 953250432 and an Enterprise Value of 671357504.

Stock Price History:

The Beta on a monthly basis for AVXL is 0.79, which has changed by 0.8578681 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, AVXL has reached a high of $14.44, while it has fallen to a 52-week low of $4.93. The 50-Day Moving Average of the stock is 24.00%, while the 200-Day Moving Average is calculated to be 28.36%.

Shares Statistics:

According to the various share statistics, AVXL traded on average about 899.16K shares per day over the past 3-months and 957150 shares per day over the past 10 days. A total of 85.33M shares are outstanding, with a floating share count of 82.56M. Insiders hold about 3.35% of the company’s shares, while institutions hold 36.93% stake in the company. Shares short for AVXL as of 1749772800 were 25212383 with a Short Ratio of 27.94, compared to 1747267200 on 24099499. Therefore, it implies a Short% of Shares Outstanding of 25212383 and a Short% of Float of 30.54.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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