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Annovis Bio Inc (ANVS) Looks Ready for Growth Despite -0.40% Change This Year

Annovis Bio Inc (NYSE: ANVS) is -0.40% lower on its value in year-to-date trading and has touched a low of $4.21 and a high of $20.00 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 $5.01 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $5.01, the stock is 1.50% and -16.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 0.00% at the moment leaves the stock -37.59% off its SMA200. ANVS registered -56.28% loss for a year compared to 6-month loss of -56.01%. The firm has a 50-day simple moving average (SMA 50) of $5.9792 and a 200-day simple moving average (SMA200) of $8.0278.

The stock witnessed a 0.20% gain in the last 1 month and extending the period to 3 months gives it a -45.19%, and is 2.45% 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 6.04% over the week and 8.41% over the month.

Annovis Bio Inc (ANVS) has around 6 employees, a market worth around $69.12M and $0.00M in sales. Distance from 52-week low is 19.00% and -74.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-579.57%).

The EPS is expected to grow by 68.97% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.

Annovis Bio Inc (ANVS) Top Institutional Holders

43.0 institutions hold shares in Annovis Bio Inc (ANVS), with institutional investors hold 11.75% of the company’s shares. The shares outstanding are 13.28M, and float is at 10.98M with Short Float at 14.87%. Institutions hold 9.35% 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.

Annovis Bio Inc (ANVS) Insider Activity

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