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Anika Therapeutics Inc

ANIK | US

24.44

USD

-0.62

-2.47%

ANIK | US

About Anika Therapeutics Inc

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

21/10/2024

Close

24.44

Open

24.95

High

25.24

Low

24.39

Anika Therapeutics Inc. a joint preservation company creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management regenerative solutions sports medicine and bone preserving joint solutions in the United States Europe and internationally. The company develops manufactures and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products includes Monovisc and Orthovisc an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; Cingal a single-injection OA pain management product to provide both short- and long-term pain relief; and Hyvisc a molecular weight injectable HA veterinary product. The company's joint preservation and restoration product family comprises 150 bone preserving joint technology products including partial joint replacement joint resurfacing and invasive and bone sparing implants which are designed to treat upper and lower extremity orthopedic conditions; sports medicine solutions used to repair and reconstruct damaged ligaments and tendons; and orthopedic regenerative solutions including Hyalofast and Tactoset. In addition it offers non-orthopedic products comprising HA-based products for non-orthopedic applications including adhesion barrier advanced wound care ear nose and throat products as well as ophthalmic products. The company was founded in 1983 and is headquartered in Bedford Massachusetts.

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ANIK | US

Risk
24.9
Sharpe
0.57
Luna's Score
43/100
Recommendation
Sell

Luna says (ANIK | US)

What's Working

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

What's not Working

Negative Momentum (Declining Price)

Price Below SMA10D

High Short-term Volatility

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Declining Revenue (< 0%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

27.1%

1 month

24.9%

3 months

26.2%

6 months

30.5%

Returns

Fundamental Ratios

PE

-

Fwd. PE

18.98

Price to book

1.76

Debt to equity

0.13

Debt to assets

0.11

Ent. to EBITDA

-72.65

Ent. to rev.

2.01

PEG

1.90

Other Fundamentals

EBITDA

11.29M

MarketCap

361.63M

MarketCap(USD)

361.63M

Div. yield

-

Op. margin

0.38

Erngs. growth

-50.50

Rev. growth

-5.40

Ret. on equity

-30.63

Short ratio

11.54

Short perc.

5.98

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

1.39

Range1M

1.49

Range3M

4.45

Volumes: Market Activity

Rel. volume

0.75

Price X volume

799.16K

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Fate Therapeutics IncFATEBiotechnology3.15358.72M-2.48%n/a25.33%
INZYINZYBiotechnology5.28354.28M-4.69%n/a49.47%
Lexeo Therapeutics Inc. Common StockLXEOBiotechnology10.52347.80M-5.40%n/a6.58%
Nautilus Biotechnology Inc.NAUTBiotechnology2.77347.39M-6.10%n/a13.86%
Northwest Biotherapeutics IncNWBOBiotechnology0.2765346.53M-7.15%n/a0.00%
Bright Minds Biosciences Inc. Common StockDRUGBiotechnology48.02338.04M1.72%n/a0.23%
Monte Rosa Therapeutics IncGLUEBiotechnology5.45334.48M-1.27%n/a19.74%
XOMA CorporationXOMABiotechnology28.46333.11M-3.20%n/a121.93%
ITOSITOSBiotechnology9.1332.35M-3.50%n/a0.83%
ProQR Therapeutics N.VPRQRBiotechnology4.05330.80M-6.47%n/a53.73%
  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-72.65-Cheaper
Ent. to Revenue2.01-Cheaper
PE Ratio-41.03-
Price to Book1.7615.55Cheaper
Dividend Yield---
Std. Deviation (3M)26.22-Lower Risk
Debt to Equity0.13-1.23Expensive
Debt to Assets0.110.25Cheaper
Market Cap361.63M-Emerging
  • 1

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