AN2 Therapeutics Inc (NASDAQ: ANTX) Emerges As Guiding Light For Investors

AN2 Therapeutics Inc (NASDAQ:ANTX) currently has a daily average trading volume of 575.35K but it saw 701995 shares traded in last market. With a market cap of 30.74M USD, the company’s current market price of $1.03 remained unchanged while comparing to the previous closing price of $1.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.22 and as low as $0.87. In the recent trading on the day, stock has struck highest price mark of $1.01 while lowest mark touched by it was $1.06.

Taking a look at 20-day trading activity of AN2 Therapeutics Inc (ANTX) gives us an average price of $1.1555, while its current price level is -95.36% below from 52-week high level whereas it is 18.39% 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 $1.9946 while that of 200 days or SMA-200 reads an average of $7.2742. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.39% during that period while stretching the period over a month that increases to 10.78%. 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 26.91 which implies that the stock is in oversold 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 downgraded the stock as “Market Perform” in its note to investors issued on August 09, 2024, recommending a price target of between $5 and $1 for it. Leerink Partners issued its recommendations for the stock as it upgraded the price target for the stock is $5.

Over the week, ANTX’s stock price is moving -8.85% down while it is -58.96% when we observe its performance for the past one month. Year-to-date it is -94.97% down and over the past year, the stock is showing a downside performance of -93.09%.

Currently, AN2 Therapeutics Inc’s total number of outstanding shares is 29.74M. Company’s return on investment (ROI) stands at -65.74% and return on equity (ROE) at -69.48%. Stock’s beta reads -0.18. Stock has a price to book (P/B) ratio of 0.31. Its return on asset (ROA) is -62.35% on average.