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ANNX: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 47.36%.However, over the last six months, we can see a weaker performance of 214.08%. Over the last 30 days, the price of ANNX has fallen by 27.67%. And in the last five days, it has surged by 34.61%.

Annexon Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $6.67 on 03/15/24 and the lowest value was $1.57 on 10/16/23.

52-week price history of ANNX Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Annexon Inc’s current trading price is 0.30% away from its 52-week high, while its distance from the 52-week low is 326.11%. The stock’s price range during this period has varied between$1.57 and $6.67. The Annexon Inc’s shares, which operate in the Healthcare, saw a trading volume of around 7.61 million for the day, a figure considerably higher than their average daily volume of 1.36 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Annexon Inc (ANNX) has experienced a quarterly rise of 154.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 524.09M and boasts a workforce of 80 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.85, with a change in price of +4.92. Similarly, Annexon Inc recorded 1,031,506 in trading volume during the last 100 days, posting a change of +277.97%.

ANNX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ANNX stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.19.

ANNX Stock Stochastic Average

Annexon Inc’s raw stochastic average for the past 50 days is presently 91.46%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 89.65%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.43% and 46.78%, respectively.