Annovis Bio Inc (NYSE: ANVS) is -38.77% lower on its value in year-to-date trading and has touched a low of $2.99 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 $3.14 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $3.08, the stock is -32.93% and -40.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -1.91% at the moment leaves the stock -59.50% off its SMA200. ANVS registered -68.51% loss for a year compared to 6-month loss of -63.11%. The firm has a 50-day simple moving average (SMA 50) of $5.2654 and a 200-day simple moving average (SMA200) of $7.6401.
The stock witnessed a -42.43% gain in the last 1 month and extending the period to 3 months gives it a -64.72%, and is -37.01% down 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 14.88% over the week and 8.94% over the month.
Annovis Bio Inc (ANVS) has around 6 employees, a market worth around $60.02M and $0.00M in sales. Distance from 52-week low is 2.98% and -84.60% 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
46.0 institutions hold shares in Annovis Bio Inc (ANVS), with institutional investors hold 7.77% of the company’s shares. The shares outstanding are 13.28M, and float is at 11.33M with Short Float at 18.94%. Institutions hold 6.65% 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.
