logo

ANNX’s Stock Journey: What Investors Need to Know About Annexon Inc’s Performance

ALXO Stock

Annexon Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $7.61 on 03/27/24, and the lowest price during that time was $1.57, recorded on 10/16/23.

52-week price history of ANNX Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Annexon Inc’s current trading price is 2.63% away from its 52-week high, while its distance from the 52-week low is 397.45%. The stock’s price range for this period has remained between $1.57 and $7.61. The Healthcare sector company’s shares managed to surpass a trading volume of around 5.56 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.4 million over the last three months.

Financial Performance and Market Capitalization

Annexon Inc (ANNX) has experienced a quarterly rise of 77.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 611.84M and boasts a workforce of 71 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.21, with a change in price of +5.41. Similarly, Annexon Inc recorded 1,212,250 in trading volume during the last 100 days, posting a change of +225.42%.

ANNX Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ANNX stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.12.

ANNX Stock Stochastic Average

As of today, the raw stochastic average of Annexon Inc over the last 50 days is at 87.00%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 85.25%. Further, the company’s Stochastic %K and %D values for the last 20 days were 77.43% and 73.74%, respectively.

ANNX Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 72.03% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 218.78%. Over the past 30 days, the price of ANNX has fallen by 42.26%. And in the last five days, it has surged by 32.60%.