Annovis Bio - ANVS Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Annovis Bio in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ANVS shares.
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2 analysts have issued 12-month price targets for Annovis Bio's shares. Their ANVS share price forecasts range from $70.00 to $70.00. On average, they predict the company's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 564.1% from the stock's current price.
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Annovis Bio's stock was trading at $17.58 at the beginning of the year. Since then, ANVS stock has decreased by 40.0% and is now trading at $10.54.
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Annovis Bio saw a decline in short interest during the month of August. As of August 15th, there was short interest totaling 163,700 shares, a decline of 15.7% from the July 31st total of 194,300 shares. Based on an average trading volume of 75,700 shares, the short-interest ratio is currently 2.2 days. Approximately 2.9% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ANVS earnings forecast.

Annovis Bio, Inc. (NYSE:ANVS) posted its quarterly earnings results on Tuesday, November, 2nd. The company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.44) by $0.09.

Based on aggregate information from My MarketBeat watchlists, some companies that other Annovis Bio investors own include ADMA Biologics (ADMA), Bionano Genomics (BNGO), KushCo (KSHB), Matinas BioPharma (MTNB), Zosano Pharma (ZSAN), Auxly Cannabis Group (CBWTF), Novan (NOVN), Sorrento Therapeutics (SRNE), CNBX Pharmaceuticals (CNBX) and Enerplus (ERF).

(ANVS) raised $10 million in an IPO on Wednesday, January 29th 2020. The company issued 1,400,000 shares at a price of $6.00-$8.00 per share. ThinkEquity (a division of Fordham Financial Management, Inc. ) served as the underwriter for the IPO.

Annovis Bio trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANVS."

Annovis Bio's stock is owned by many different institutional and retail investors. Top institutional shareholders include Sterling Investment Advisors Ltd. (0.33%), Renaissance Technologies LLC (0.20%), Lynwood Capital Management Inc. (0.15%), Essex LLC (0.13%), Koshinski Asset Management Inc. (0.12%) and FNY Investment Advisers LLC (0.04%). Insiders that own company stock include Claudine Bruck, Maria-Luisa Maccecchini and Reid Mccarthy.
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Shares of ANVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ANVS stock can currently be purchased for approximately $10.54.

Annovis Bio (NYSE:ANVS) has a market capitalization of $86.05 million. The company earns $-14,490,000.00 in net income (profit) each year or ($2.89) on an earnings per share basis.

Annovis Bio's mailing address is 1055 Westlakes Drive Suite 300, Berwyn PA, 19312. The official website for the company is www.annovisbio.com. The company can be reached via phone at 610-727-3913 or via email at joeh@gregoryfca.com.