Anchiano stock: buy or sell?

ANCN stock price: $1.59 -1.24% At close on December 6th, 2019

Updated on:
December 6th, 2019

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Anchiano ended on December/6 at $1.59 and depreciated an ugly -1.24%. On Tuesday ANCN skyrocketed an exceptional 23.33%. On Wednesday ANCN collapsed a frightening -8.43%. Dec 6th was the third red session in a row, sliding in full a -15.22%.

Should I buy Anchiano stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Anchiano 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 stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. 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 depreciated -1.24% to $1.59 on Dec 6th.

Shares of Anchiano Therapeutics depreciated an ugly -1.24% and closed at $1.59.

ANCN stock chart (daily)

Weekly outlook

Anchiano Therapeutics shares rocketed 12.77% this week, ending at $1.59. By mid November ANCN plunged a bloodcurdling -40.15% in just one week.

Since price and 10-weeks moving average lines crossed down by mid November, ANCN fell $-0.78 per share (-32.91%). Far behind is the all-time high Anchiano Therapeutics recorded by mid February and since then the price is -86.17% 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 declined a -86.20%, 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

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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. Currently, only 1 price forecast for Anchiano Therapeutics stock was published in the last 30 days:
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 buy shares of a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Anchiano, 23.87% of all outstanding shares are owned by its staff.

In case of Anchiano Therapeutics 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$11.8 M
Total shares7.4 M
Float shares3.3 M
  - Institutional holdings (%)0.8%
  - Insider holdings (%)23.9%
Shares in short selling0.0%

Anchiano summary

Friday, December 6th, 2019
Open$1.83
Close$1.59
Day range$1.58 - $1.83
Previous close$1.61
Session gain-1.24%
Average true range$0.23
50d mov avg$2.05
100d mov avg$2.50
200d mov avg$0.00
Daily pattern
Weekly pattern lb06a

Anchiano performance

To better understand Anchiano Therapeutics performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Anchiano Therapeutics to :
Stock3m6m12m
ANCNAnchiano Therapeu...-35.63%-65.36%0.00%

Anchiano competitors

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