Annexon Inc (NASDAQ:ANNX) shares, rose in value on Wednesday, April 16, with the stock price down by -7.14% to the previous day’s close as strong demand from buyers drove the stock to $1.43.
Actively observing the price movement in the last trading, the stock closed the session at $1.54, falling within a range of $1.4 and $1.55. The value of beta (5-year monthly) was 1.241. Referring to stock’s 52-week performance, its high was $7.85, and the low was $1.28. On the whole, ANNX has fluctuated by -42.80% over the past month.
With the market capitalization of Annexon Inc currently standing at about $156.88 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-02.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ANNX’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of ANNX currently trading nearly -24.77% and -41.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 29.27, while the 7-day volatility ratio is showing 11.95% which for the 30-day chart, stands at 10.75%. Furthermore, Annexon Inc (ANNX)’s beta value is 1.29, and its average true range (ATR) is 0.21.
A comparison of Annexon Inc (ANNX) with its peers suggests the former has fared considerably weaker in the market. ANNX showed an intraday change of -7.14% in last session, and over the past year, it shrunk by -75.09%%.
Data on historical trading for Annexon Inc (NASDAQ:ANNX) indicates that the trading volumes over the past 10 days have averaged 2.09 and over the past 3 months, they’ve averaged 1.66 million. According to company’s latest data on outstanding shares, there are 109.38 million shares outstanding.
Nearly 13.31% of Annexon Inc’s shares belong to company insiders and institutional investors own 90.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.24 million shares as on 2025-03-31, resulting in a short ratio of 4.74. According to the data, the short interest in Annexon Inc (ANNX) stood at 893.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 10.9 million. The stock has fallen by -72.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ANNX stock heading into the next quarter.
