AN2 Therapeutics Inc (NASDAQ: ANTX) Now $1.91 Higher From Its Low (0.64), Does It Still Have A Growth Story?

AN2 Therapeutics Inc (NASDAQ:ANTX) currently has a daily average trading volume of 138.66K but it saw 1179433 shares traded in last market. With a market cap of 76.07M USD, the company’s current market price of $2.55 came falling about -0.39 while comparing to the previous closing price of $2.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.22 and as low as $1.91.

Taking a look at 20-day trading activity of AN2 Therapeutics Inc (ANTX) gives us an average price of $2.66, while its current price level is -88.52% below from 52-week high level whereas it is 33.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.31 while that of 200 days or SMA-200 reads an average of $8.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.36% during that period while stretching the period over a month that increases to 8.53%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.22 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Leerink Partners which upgraded the stock as “Outperform” in its note to investors issued on July 03, 2024, recommending a price target of $5 for it. JMP Securities upgraded its recommendation for the stock as a “Mkt Outperform” from “Mkt Perform” on April 02, 2024 while assigning a price target of $6. Leerink Partners issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $23 and $7.

Over the week, ANTX’s stock price is moving -3.77% down while it is 19.72% when we observe its performance for the past one month. Year-to-date it is -87.55% down and over the past year, the stock is showing a downside performance of -68.60%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.81 beat the consensus estimate of -0.85 for the same.

Currently, AN2 Therapeutics Inc’s total number of outstanding shares is 29.74M. Company’s return on investment (ROI) stands at -59.70% and return on equity (ROE) at -68.38%. Stock’s beta reads -0.15. Stock has a price to book (P/B) ratio of 0.69. Its return on asset (ROA) is -62.19% on average.