Annovis Bio Inc (NYSE: ANVS) is -61.45% 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 $3.06 in the last trading session, with the day’s gains setting it 454.47%.
Currently trading at $457.53K, the stock is -16.98% and 10.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 1608993% at the moment leaves the stock -49.27% off its SMA200. ANVS registered -54.47% loss for a year compared to 6-month loss of -47.95%. The firm has a 50-day simple moving average (SMA 50) of $2.0766 and a 200-day simple moving average (SMA200) of $4.51415.
The stock witnessed a 15.66% gain in the last 1 month and extending the period to 3 months gives it a 16.24%, and is -12.93% 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 18.32% over the week and 10.81% over the month.
Annovis Bio Inc (ANVS) has around 8 employees, a market worth around $44.62M and $0.00M in sales. Distance from 52-week low is 106.31% and -87.19% 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
54.0 institutions hold shares in Annovis Bio Inc (ANVS), with institutional investors hold 18.79% of the company’s shares. The shares outstanding are 19.49M, and float is at 16.62M with Short Float at 12.72%. Institutions hold 16.03% 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 5.0594 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.
