Anchiano stock: buy or sell?

ANCN stock price: $2.12 -10.55% At close on August 19th, 2019

Updated on:
August 19th, 2019

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Anchiano Therapeutics plummed a dreadful -10.55% and closed at $2.12. On Tuesday ANCN boosted a dazzling 7.89%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ANCN will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.

Is ANCN a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-3-11Oppenheimern/aOutperform
2019-3-11LADENBURG THALM/SH SHn/aBuy

Anchiano stock analysis

Daily outlook

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.

ANCN stock chart (daily)

Weekly outlook

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.

ANCN stock chart (weekly)

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 $16.00

How 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:
ANCN stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-11OppenheimerInitiates$16.00$16.000%
(in average)$16.00$16.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

ANCN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q3-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Anchiano ownership

When 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:

ANCN
Market cap$14.5 M
Total shares6.8 M
Float shares3.2 M
  - Institutional holdings (%)0.8%
  - Insider holdings (%)23.9%
Shares in short selling0.0%

Anchiano summary

Monday, August 19th, 2019
Open$2.30
Close$2.12
Day range$2.09 - $2.41
Previous close$2.37
Session gain-10.55%
Average true range$0.38
50d mov avg$3.89
100d mov avg$5.07
200d mov avg$0.00
Daily patternlb06a
Weekly pattern lt01c

Anchiano performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Anchiano against in the following table:
Stock3m6m12m
ANCNAnchiano Therapeu...-57.17%-76.60%0.00%

Anchiano competitors

Unfortunately, we could not find any public company that could be defined as Anchiano Therapeutics competitor. This doesn't mean Anchiano Therapeutics does not have any competitor in the market, it's just we could not detected it.