Annexon Inc (NASDAQ:ANNX) price on Thursday, May 09,rose 4.72% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.10.
A look at the stock’s price movement, the close in the last trading session was $4.87. Turning to its 52-week performance, $8.40 and $1.57 were the 52-week high and 52-week low respectively. Overall, ANNX moved -17.34% over the past month.
Annexon Inc’s market cap currently stands at around $464.81 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ANNX is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
ANNX’s current price about 4.98% and -8.23% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.31, while 7-day volatility ratio is 7.51% and 8.20% in the 30-day chart. Further, Annexon Inc (ANNX) has a beta value of 1.30, and an average true range (ATR) of 0.43.
If we refocus on Annexon Inc (NASDAQ:ANNX), historical trading data shows that trading volumes averaged 1.81 million over the past 3 months. The company’s latest data on shares outstanding shows there are 78.37 million shares.
The 23.69% of Annexon Inc’s shares are in the hands of company insiders while institutional holders own 77.06% of the company’s shares. Current price change has pushed the stock 12.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ANNX stock continues to rise going into the next quarter.
