AN2 Therapeutics Inc (NASDAQ:ANTX) jumps 25.99% In 2024; How Attractive Is It At $1.02?

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In last trading session, AN2 Therapeutics Inc (NASDAQ:ANTX) saw 2.83 million shares changing hands with its beta currently measuring 0.04. Company’s recent per share price level of $1.02 trading at -$0.03 or -2.86% at ring of the bell on the day assigns it a market valuation of $30.44M. That closing price of ANTX’s stock is at a discount of -2078.43% from its 52-week high price of $22.22 and is indicating a premium of 14.71% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.71 million shares which gives us an average trading volume of 411.10K if we extend that period to 3-months.

For AN2 Therapeutics Inc (ANTX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.60. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.48 in the current quarter.

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AN2 Therapeutics Inc (NASDAQ:ANTX) trade information

Upright in the red during last session for losing -2.86%, in the last five days ANTX remained trading in the red while hitting it’s week-highest on Friday, 08/09/24 when the stock touched $1.02 price level, adding 35.85% to its value on the day. AN2 Therapeutics Inc’s shares saw a change of -95.02% in year-to-date performance and have moved -61.36% in past 5-day. AN2 Therapeutics Inc (NASDAQ:ANTX) showed a performance of -65.54% in past 30-days. Number of shares sold short was 0.68 million shares which calculate 3.47 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5.5 to the stock, which implies a rise of 81.45% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would drop -96.08% in reaching the projected high whereas dropping to the targeted low would mean a loss of -96.08% for stock’s current value.

AN2 Therapeutics Inc (ANTX) estimates and forecasts

Statistics highlight that AN2 Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -73.58% of value to its shares in past 6 months, showing an annual growth rate of 19.71% while that of industry is 17.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -73.03% during past 5 years.

AN2 Therapeutics Inc (NASDAQ:ANTX)’s Major holders

Insiders are in possession of 25.37% of company’s total shares while institution are holding 84.10 percent of that, with stock having share float percentage of 112.70%. Investors also watch the number of corporate investors in a company very closely, which is 84.10% institutions for AN2 Therapeutics Inc that are currently holding shares of the company. RA CAPITAL MANAGEMENT, L.P. is the top institutional holder at ANTX for having 5.55 million shares of worth $18.04 million. And as of 2024-03-31, it was holding 23.5223 of the company’s outstanding shares.

The second largest institutional holder is CITADEL ADVISORS LLC, which was holding about 1.56 million shares on 2024-03-31. The number of shares represents firm’s hold over 6.5955 of outstanding shares, having a total worth of $5.06 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2023 , the former fund manager was holding 466.28 shares of worth $3.96 million or 2.13% of the total outstanding shares. The later fund manager was in possession of 60.18 shares on Jun 30, 2023 , making its stake of worth around $0.51 million in the company or a holder of 0.27% of company’s stock.