The 36-month beta value for AVXL is also noteworthy at 0.75. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AVXL is 82.10M, and at present, short sellers hold a 23.99% of that float. The average trading volume of AVXL on December 23, 2024 was 1.19M shares.
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AVXL) stock’s latest price update
Anavex Life Sciences Corporation (NASDAQ: AVXL) has seen a rise in its stock price by 22.89 in relation to its previous close of 8.63. However, the company has experienced a 15.52% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-23 that Anavex Life Sciences Corp. (NASDAQ:AVXL ) Q4 2024 Earnings Call Transcript December 23, 2024 8:30 AM ET Company Participants Clint Tomlinson – IR Christopher Missling – President and CEO Sandra Boenisch – Principal Financial Officer Clint Tomlinson Good morning, and welcome to the Anavex Life Sciences Fiscal 2024 Fourth Quarter Conference Call. My name is Clint Tomlinson, and I will be your host for today’s call.
AVXL’s Market Performance
Anavex Life Sciences Corporation (AVXL) has seen a 15.52% rise in stock performance for the week, with a 17.57% gain in the past month and a 90.74% surge in the past quarter. The volatility ratio for the week is 8.33%, and the volatility levels for the past 30 days are at 8.83% for AVXL. The simple moving average for the past 20 days is 20.40% for AVXL’s stock, with a 87.95% simple moving average for the past 200 days.
Analysts’ Opinion of AVXL
Many brokerage firms have already submitted their reports for AVXL stocks, with Cantor Fitzgerald repeating the rating for AVXL by listing it as a “Neutral.” The predicted price for AVXL in the upcoming period, according to Cantor Fitzgerald is $11 based on the research report published on December 06, 2022 of the previous year 2022.
Berenberg, on the other hand, stated in their research note that they expect to see AVXL reach a price target of $40. The rating they have provided for AVXL stocks is “Buy” according to the report published on June 23rd, 2022.
BTIG Research gave a rating of “Buy” to AVXL, setting the target price at $35 in the report published on September 23rd of the previous year.
AVXL Trading at 37.43% from the 50-Day Moving Average
After a stumble in the market that brought AVXL to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.48% of gains for the given period.
Volatility was left at 8.83%, however, over the last 30 days, the volatility rate increased by 8.33%, as shares surge +16.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +97.77% upper at present.
During the last 5 trading sessions, AVXL rose by +15.90%, which changed the moving average for the period of 200-days by +95.23% in comparison to the 20-day moving average, which settled at $8.81. In addition, Anavex Life Sciences Corporation saw 13.91% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AVXL starting from Donhauser Peter D.O., who purchase 2,835 shares at the price of $3.64 back on Jun 14 ’24. After this action, Donhauser Peter D.O. now owns 5,000 shares of Anavex Life Sciences Corporation, valued at $10,319 using the latest closing price.
Thomas Steffen, the Director of Anavex Life Sciences Corporation, purchase 5,000 shares at $4.52 during a trade that took place back on May 15 ’24, which means that Thomas Steffen is holding 5,000 shares at $22,600 based on the most recent closing price.
Stock Fundamentals for AVXL
The total capital return value is set at -0.37. Equity return is now at value -30.03, with -27.74 for asset returns.
Currently, EBITDA for the company is -55.76 million with net debt to EBITDA at 7.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.04.
Conclusion
In summary, Anavex Life Sciences Corporation (AVXL) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
