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. Annovis Bio Inc’s current trading price is -19.92% away from its 52-week high, while its distance from the 52-week low is 232.29%. The stock’s price range during this period has varied between $5.42 and $22.49. The company, active in the Healthcare sector, saw a trading volume of around 1.05 million for the day, considerably higher average daily volume of 0.23 million observed over the last three months.
Annovis Bio Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $22.49 on 12/27/23, and the lowest price during the same period was recorded at $5.42 on 11/08/23.
How Financial Performance Impacts Market Capitalization
Annovis Bio Inc (ANVS) has experienced a quarterly rise of 81.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 198.29M and boasts a workforce of 6 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 11.33, with a change in price of +9.52. Similarly, Annovis Bio Inc recorded 297,570 in trading volume during the last 100 days, posting a change of +112.13%.
ANVS Stock Stochastic Average
As of today, the raw stochastic average of Annovis Bio Inc over the past 50 days is 98.12%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 97.97%. Additionally, the Stochastic %K and %D values for the company were 92.64% and 85.81%, respectively, over the past 20 days.
ANVS 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. Year to date metric has recorded a loss of -3.69%.However, over the last six months, we can see a weaker performance of 121.53%. Over the last 30 days, the price of ANVS has fallen by 49.71%. And in the last five days, it has surged by 79.03%.
