Annovis Bio Inc (NYSE: ANVS) is -46.32% lower on its value in year-to-date trading and has touched a low of $1.11 and a high of $17.88 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 $2.63 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $2.70, the stock is 2.49% and 37.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 2.66% at the moment leaves the stock -41.64% off its SMA200. ANVS registered -53.85% loss for a year compared to 6-month loss of -49.15%.
The stock witnessed a 27.36% gain in the last 1 month and extending the period to 3 months gives it a 47.54%, and is -3.57% 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 4.60% over the week and 7.98% over the month.
Annovis Bio Inc (ANVS) has around 8 employees, a market worth around $52.61M and $0.00M in sales. Distance from 52-week low is 143.24% and -84.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-120.81%).
The EPS is expected to grow by 30.80% this year
The shares outstanding are 19.49M, and float is at 16.65M with Short Float at 12.69%.
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 5.0594 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 3.1956 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 0.33 million shares representing 2.9617 and valued at over $1.93 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 2.9387 of the shares totaling 0.33 million with a market value of $1.91 million.
