In last trading session, Annexon Inc. (NASDAQ:ANNX) saw 1.22 million shares changing hands with its beta currently measuring 0.66. Company’s recent per share price level of $2.53 trading at $0.4 or 18.78% at ring of the bell on the day assigns it a market valuation of $135.25M. That closing price of ANNX’s stock is at a discount of -202.37% from its 52-week high price of $7.65 and is indicating a premium of 18.18% from its 52-week low price of $2.07. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.23 million shares which gives us an average trading volume of 474.70K if we extend that period to 3-months.
For Annexon Inc. (ANNX), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.10. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.5 in the current quarter.
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Annexon Inc. (NASDAQ:ANNX) trade information
Upright in the green during last session for gaining 18.78%, in the last five days ANNX remained trading in the green while hitting it’s week-highest on Friday, 09/15/23 when the stock touched $2.53 price level, adding 0.39% to its value on the day. Annexon Inc.’s shares saw a change of -51.06% in year-to-date performance and have moved 6.75% in past 5-day. Annexon Inc. (NASDAQ:ANNX) showed a performance of -8.66% in past 30-days. Number of shares sold short was 2.22 million shares which calculate 6.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $14.17 to the stock, which implies a rise of 82.15% to its current value. Analysts have been projecting $4.00 as a low price target for the stock while placing it at a high target of $30.00. It follows that stock’s current price would drop -1085.77% in reaching the projected high whereas dropping to the targeted low would mean a loss of -58.1% for stock’s current value.
Annexon Inc. (ANNX) estimates and forecasts
Statistics highlight that Annexon Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -39.04% of value to its shares in past 6 months, showing an annual growth rate of 23.85% while that of industry is 12.00. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 2.00% in the current quarter and calculating -6.30% decrease in the next quarter.
In 2023, company’s earnings growth rate is likely to be around 23.70% while estimates for its earnings growth in next 5 years are of 38.60%.
ANNX Dividends
Annexon Inc. is more likely to be releasing its next quarterly report in October and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Annexon Inc. (NASDAQ:ANNX)’s Major holders
- Tags: Annexon Inc., ANNX, ANNX stock, NASDAQ:ANNX
