With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.42 million shares. The 52-week range on ANNX shows that it touched its highest point at $8.40 and its lowest point at $2.63 during that stretch. It currently has a 1-year price target of $15.17. Beta for the stock currently stands at 1.07.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ANNX was down-trending over the past week, with a drop of -6.64%, but this was down by -32.29% over a month. Three-month performance dropped to -48.53% while six-month performance fell -53.09%. The stock lost -45.86% in the past year, while it has lost -45.22% so far this year. A look at the trailing 12-month EPS for ANNX yields -1.04 with Next year EPS estimates of -1.08. For the next quarter, that number is -0.27. This implies an EPS growth rate of 46.05% for this year and -13.42% for next year. EPS is expected to grow by 17.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.69%.
Float and Shares Shorts:
At present, 105.71 million ANNX shares are outstanding with a float of 92.61 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ANNX since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.89528 being high and -$1.0246 being low. For ANNX, this leads to a yearly average estimate of -$0.95497. Based on analyst estimates, the high estimate for the next quarter is -$0.28 and the low estimate is -$0.28. The average estimate for the next quarter is thus -$0.28.
