Stock Surge: Annexon Inc (ANNX) Closes at 1.49, Marking a 7.97 Increase/Decrease

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Annexon Inc (NASDAQ: ANNX) closed at $1.49 up 7.97% from its previous closing price of $1.38. In other words, the price has increased by $7.97 from its previous closing price. On the day, 1.55 million shares were traded. ANNX stock price reached its highest trading level at $1.53 during the session, while it also had its lowest trading level at $1.36.

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 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:

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 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 163467904 and an Enterprise Value of -119577360.

Stock Price History:

The Beta on a monthly basis for ANNX is 1.34, which has changed by -0.7404181 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, ANNX has reached a high of $7.85, while it has fallen to a 52-week low of $1.28. The 50-Day Moving Average of the stock is -42.21%, while the 200-Day Moving Average is calculated to be -70.26%.

Shares Statistics:

For the past three months, ANNX has traded an average of 1.67M shares per day and 2621880 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 90.99% stake in the company. Shares short for ANNX as of 1743379200 were 8242519 with a Short Ratio of 4.95, compared to 1740700800 on 10895296. Therefore, it implies a Short% of Shares Outstanding of 8242519 and a Short% of Float of 8.930001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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