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Analysis
Annexon, Inc. (ANNX)
Annexon, Inc. (ANNX)
Ranking:
Sell
Implies negative momentum
Stock Name: Annexon, Inc.
Symbol: ANNX
Market Cap: $647M
Industry: Biotechnology
Sector: Healthcare
Website: https://www.annexonbio.com
About Annexon, Inc.

Annexon, Inc., a clinical-stage biopharmaceutical company, discovers and develops therapeutics for autoimmune, neurodegenerative, and ophthalmic disorders. The company's C1q is an initiating molecule of the classical complement pathway that targets distinct disease processes, such as antibody-mediated autoimmune disease and complement-mediated neurodegeneration. Its product candidates include ANX005, a monoclonal antibody, which is in Phase II/III clinical trials to treat patients with guillain- barré syndrome; Phase II trial in patients with warm autoimmune hemolytic anemia; and Phase II clinical trial for Huntington's disease and amyotrophic lateral sclerosis Please visit their website for more information.

Overview:
Last Close: $6.12
52 Week: $2.34-$7.81
MVA50: 6.82
MVA200: 5.83
RSI: 33.27
Buy/Sell*: 35.06
1-Month change: -0.33%
3-Month change: 0.65%
*Proprietary Buy Sell Volume Indicator
Price Chart For ANNX
Financial Parameters Most Recent Quarter: (2024-Q3),2024-09-30
Revenue: $0M
Revenue Growth (YOY): nan%
Profit (% of Rev): nan%
Income (% of Rev): -inf%
Income Growth (YOY): 7.21%
Operating Income: $-39M
Operating Cash Flow: $-32M
Operating Cash Flow Growth (YoY): 13.16%
Annual Dividend Yield: 0.00%
Total Assets: $379M
Total Liabilities: $47M
Cash & Equivalent: $80M
Total Debt: $30M
Debt/Equity: 0.09
Quick Ratio: 17.18
Current Ratio: 17.18
Price/Book: 2.50
Price/Earnings: -5.95
EBITDA: $-39M
EPS: -0.25
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering all the above parameters, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Sell.

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