AN2 Therapeutics Inc (NASDAQ: ANTX) has experienced a decline in its stock price by 0.00 compared to its previous closing price of 1.10. However, the company has seen a gain of 1.85% in its stock price over the last five trading days. businesswire.com reported 2024-10-17 that MENLO PARK, Calif.–(BUSINESS WIRE)–AN2 Therapeutics, Inc. (Nasdaq: ANTX), a biopharmaceutical company focused on discovering and developing novel small molecule therapeutics derived from its boron chemistry platform, today announced that the company has received a second year continuation of a research grant from the Bill & Melinda Gates Foundation to discover novel, boron containing small molecules for the treatment of tuberculosis (TB) and malaria. “We are appreciative of the Gates Foun.
Is It Worth Investing in AN2 Therapeutics Inc (NASDAQ: ANTX) Right Now?
The 36-month beta value for ANTX is at -0.21. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for ANTX is 19.39M, and currently, shorts hold a 0.72% of that float. The average trading volume for ANTX on November 08, 2024 was 597.49K shares.
ANTX’s Market Performance
ANTX stock saw an increase of 1.85% in the past week, with a monthly gain of 5.77% and a quarterly increase of 6.80%. The volatility ratio for the week is 1.50%, and the volatility levels for the last 30 days are 2.90% for AN2 Therapeutics Inc (ANTX). The simple moving average for the past 20 days is 2.18% for ANTX’s stock, with a -64.42% simple moving average for the past 200 days.
Analysts’ Opinion of ANTX
Many brokerage firms have already submitted their reports for ANTX stocks, with Leerink Partners repeating the rating for ANTX by listing it as a “Market Perform.” The predicted price for ANTX in the upcoming period, according to Leerink Partners is $1 based on the research report published on August 09, 2024 of the current year 2024.
Leerink Partners gave a rating of “Outperform” to ANTX, setting the target price at $5 in the report published on July 03rd of the current year.
ANTX Trading at 3.65% from the 50-Day Moving Average
After a stumble in the market that brought ANTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -95.05% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares surge +5.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.77% lower at present.
During the last 5 trading sessions, ANTX rose by +2.78%, which changed the moving average for the period of 200-days by -94.42% in comparison to the 20-day moving average, which settled at $1.0770. In addition, AN2 Therapeutics Inc saw -94.63% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ANTX starting from RA Capital Healthcare Fund LP, who proposed sale 1,699,998 shares at the price of $1.00 back on Aug 15 ’24. After this action, RA Capital Healthcare Fund LP now owns shares of AN2 Therapeutics Inc, valued at $1,699,999 using the latest closing price.
RA Capital Nexus Fund II, L.P., the Affiliate of AN2 Therapeutics Inc, proposed sale 299,999 shares at $1.02 during a trade that took place back on Aug 15 ’24, which means that RA Capital Nexus Fund II, L.P. is holding shares at $305,998 based on the most recent closing price.
Stock Fundamentals for ANTX
Current profitability levels for the company are sitting at:
- -889.64 for the present operating margin
- 0.5 for the gross margin
The net margin for AN2 Therapeutics Inc stands at -808.21. The total capital return value is set at -0.72. Equity return is now at value -69.48, with -62.35 for asset returns.
Currently, EBITDA for the company is 4.9 million with net debt to EBITDA at 0.38. When we switch over and look at the enterprise to sales, we see a ratio of 75.68. The receivables turnover for the company is 0.27for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.61.
Conclusion
In conclusion, AN2 Therapeutics Inc (ANTX) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
