With 1.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.73 million shares. The 52-week range on AVXL shows that it touched its highest point at $14.44 and its lowest point at $3.25 during that stretch. It currently has a 1-year price target of $34.33. Beta for the stock currently stands at 0.85.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AVXL was up-trending over the past week, with a rise of 5.26%, but this was down by -9.28% over a month. Three-month performance dropped to -6.87% while six-month performance rose 40.87%. The stock gained 63.62% in the past year, while it has lost -21.69% so far this year. A look at the trailing 12-month EPS for AVXL yields -0.55 with Next year EPS estimates of 1.32. For the next quarter, that number is -0.15. This implies an EPS growth rate of -22.44% for this year and 307.33% for next year.
Float and Shares Shorts:
At present, 84.99 million AVXL shares are outstanding with a float of 82.47 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AVXL since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.54333 being high and -$0.54333 being low. For AVXL, this leads to a yearly average estimate of -$0.54333. Based on analyst estimates, the high estimate for the next quarter is -$0.18 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.18.
Summary of Insider Activity:
Insiders traded AVXL stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
