Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Annexon Inc’s current trading price is -24.05% away from its 52-week high, while its distance from the 52-week low is 306.37%. The stock’s price range during this period has varied between $1.57 and $8.40. The company, active in the Healthcare sector, saw a trading volume of around 2.65 million for the day, considerably higher average daily volume of 1.55 million observed over the last three months.
Annexon Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $8.40 on 03/27/24, while the lowest price during the same period was $1.57 on 10/16/23.
How Financial Performance Impacts Market Capitalization
Annexon Inc (ANNX) has experienced a quarterly rise of 41.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 499.81M and boasts a workforce of 71 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.42, with a change in price of +4.21. Similarly, Annexon Inc recorded 1,317,551 in trading volume during the last 100 days, posting a change of +194.01%.
How ANNX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to 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 past 50 days is 55.51%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 49.50%. Additionally, the Stochastic %K and %D values for the company were 50.42% and 53.81%, respectively, over the past 20 days.
ANNX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded an increase of 40.53%. However, over the last six months, the performance has been weaker by 205.26%. The price of ANNX increased 19.25% over the last 30 days. And in the last five days, it has fallen by -18.31%.
