Annexon Inc (ANNX) Investors To Reap Good Returns Once Again

Annexon Inc (NASDAQ:ANNX) has a beta value of 1.29 and has seen 1.43 million shares traded in the last trading session. The company, currently valued at $493.92M, closed the last trade at $4.70 per share which meant it gained $0.11 on the day or 2.40% during that session. The ANNX stock price is -78.72% off its 52-week high price of $8.40 and 66.6% above the 52-week low of $1.57. The 3-month trading volume is 1.63 million shares.

Annexon Inc (NASDAQ:ANNX) trade information

Sporting 2.40% in the green in last session, the stock has traded in the green over the last five days, when the ANNX stock price touched $4.70 or saw a rise of 3.09%. Year-to-date, Annexon Inc shares have moved 3.52%, while the 5-day performance has seen it change 3.07%. Over the past 30 days, the shares of Annexon Inc (NASDAQ:ANNX) have changed -39.82%.

Annexon Inc (ANNX) estimates and forecasts

Figures show that Annexon Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 138.58% over the past 6 months, with this year growth rate of 23.16%, compared to 12.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 34.60% and 23.40% for the next quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.69% over the past 5 years. Earnings growth for 2024 is a modest 13.88% while over the next 5 years, the company’s earnings are expected to increase by 38.60%.

ANNX Dividends

Annexon Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.