Anchiano stock: buy or sell?
August 19th, 2019
Should I buy Anchiano stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Anchiano Therapeutics stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Anchiano Therapeutics stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 2 ratings published for ANCN stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-11||LADENBURG THALM/SH SH||n/a||Buy|
Anchiano stock analysis
Anchiano shares plummed -10.55% to $2.12 today.
Anchiano ended today at $2.12 and plummed a dreadful -10.55%. ANCN marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $3.49 would break this short term down trend and open possibilities for reversing this situation.
Shares of Anchiano plummed a chilling -10.55% this week. This was the fifth red week in a row, sliding in full a -46.81%.
Anchiano Therapeutics finally dropped through the support line and now is sliding further into fresh lows looking for new supports. Far behind is the all-time high Anchiano Therapeutics recorded by mid February and since then the price is -81.57% below that top.
Anchiano stock price history
Anchiano IPO was on February at $11.50 per share1. Since then, ANCN stock sliced a -81.60%, with a yearly average of inf%.
1: Adjusted price after possible price splits or reverse-splits.
Anchiano stock historical price chart
ANCN stock reached all-time highs on February with a price of $11.50.
Anchiano stock price target is $16.00How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' ANCN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we only found 1 price target for Anchiano stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Anchiano ownershipWhen you are planning to invest in a stock, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Anchiano Therapeutics, 23.87% of all outstanding shares are owned by its staff.
In case of Anchiano stock, 0.75% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ANCN stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$14.5 M|
|Total shares||6.8 M|
|Float shares||3.2 M|
|- Institutional holdings (%)||0.8%|
|- Insider holdings (%)||23.9%|
|Shares in short selling||0.0%|
|Monday, August 19th, 2019|
|Day range||$2.09 - $2.41|
|Average true range||$0.38|
|50d mov avg||$3.89|
|100d mov avg||$5.07|
|200d mov avg||$0.00|
Anchiano performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared Anchiano against in the following table: