Annexon Inc (NASDAQ:ANNX) shares, rose in value on Wednesday, June 18, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.34.
Actively observing the price movement in the last trading, the stock closed the session at $2.34, falling within a range of $2.26 and $2.4354. The value of beta (5-year monthly) was 1.259. 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 11.96% over the past month.
With the market capitalization of Annexon Inc currently standing at about $256.73 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 0.80% and 18.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.80, while the 7-day volatility ratio is showing 3.63% which for the 30-day chart, stands at 5.24%. Furthermore, Annexon Inc (ANNX)’s beta value is 1.26, and its average true range (ATR) is 0.20.
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 0.00% in last session, and over the past year, it shrunk by -58.36%%.
Data on historical trading for Annexon Inc (NASDAQ:ANNX) indicates that the trading volumes over the past 10 days have averaged 1.44 and over the past 3 months, they’ve averaged 1.74 million. According to company’s latest data on outstanding shares, there are 109.71 million shares outstanding.
Nearly 12.93% of Annexon Inc’s shares belong to company insiders and institutional investors own 88.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.97 million shares as on 2025-05-30, resulting in a short ratio of 7.27. According to the data, the short interest in Annexon Inc (ANNX) stood at 1135.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 9.27 million. The stock has fallen by -54.39% 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.
