Annexon Inc (NASDAQ:ANNX) price on current trading day, remained unchanged to $2.50.
A look at the stock’s price movement, the close in the last trading session was $2.50, moving within a range at $2.405 and $2.52. The beta value (5-Year monthly) was 1.138. Turning to its 52-week performance, $8.40 and $2.30 were the 52-week high and 52-week low respectively. Overall, ANNX moved -7.41% over the past month.
Annexon Inc’s market cap currently stands at around $274.27 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-02.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ANNX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend ANNX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ANNX’s current price about -4.74% and -26.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.01, while 7-day volatility ratio is 12.37% and 9.38% in the 30-day chart. Further, Annexon Inc (ANNX) has a beta value of 1.12, and an average true range (ATR) of 0.27. Analysts have given the company’s stock an average 52-week price target of $14, forecast between a low of $14 and high of $14. Looking at the price targets, the low is -460.0% off current price level while to achieve the yearly target high, price needs to move -460.0%. Nonetheless, investors will most likely welcome a -460.0% jump to $14 which is the analysts’ median price.
If we refocus on Annexon Inc (NASDAQ:ANNX), historical trading data shows that trading volumes averaged 1.47 over the past 10 days and 1.37 million over the past 3 months. The company’s latest data on shares outstanding shows there are 109.38 million shares.
The 13.31% of Annexon Inc’s shares are in the hands of company insiders while institutional holders own 90.97% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.9 million on 2025-02-28, giving us a short ratio of 9.14. The data shows that as of 2025-02-28 short interest in Annexon Inc (ANNX) stood at 1180.0 of shares outstanding, with shares short rising to 10.09 million registered in 2025-01-31. Current price change has pushed the stock -51.27% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ANNX stock continues to rise going into the next quarter.
