Annovis Bio Inc (NYSE: ANVS) is -51.12% lower on its value in year-to-date trading and has touched a low of $4.53 and a high of $22.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANVS stock was last observed hovering at around $7.98 in the last trading session, with the day’s gains setting it 1.16%.
Currently trading at $9.14, the stock is 11.91% and 9.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 14.54% at the moment leaves the stock -2.44% off its SMA200. ANVS registered 21.54% gain for a year compared to 6-month loss of 1.67%. The firm has a 50-day simple moving average (SMA 50) of $8.3572 and a 200-day simple moving average (SMA200) of $9.41645.
The stock witnessed a 4.58% gain in the last 1 month and extending the period to 3 months gives it a -19.75%, and is 13.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.63% over the week and 7.12% over the month.
Annovis Bio Inc (ANVS) has around 6 employees, a market worth around $119.28M and $0.00M in sales. Distance from 52-week low is 101.77% and -59.36% from its 52-week high.
The EPS is expected to grow by 72.54% this year
38.0 institutions hold shares in Annovis Bio Inc (ANVS), with institutional investors hold 9.99% of the company’s shares. The shares outstanding are 10.52M, and float is at 10.24M with Short Float at 11.81%. Institutions hold 7.84% of the Float.
The top institutional shareholder in the company is LMR PARTNERS LLP with over 0.57 million shares valued at $3.3 million. The investor’s holdings represent 5.3844 of the ANVS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.36 million shares valued at $2.08 million to account for 3.401 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 0.33 million shares representing 3.152 and valued at over $1.93 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 3.1275 of the shares totaling 0.33 million with a market value of $1.91 million.
