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Anika Therapeutics, Inc. (ANIK)

Healthcare | Drug Manufacturers - Specialty & Generic | Bedford, United States | NasdaqGS
15.77 USD +0.17 (1.090%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 15.77

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:47 a.m. EDT

The investment case for Anika Therapeutics is fundamentally broken by a decade-long structural decline. Despite a recent bounce in share price, the business has lost nearly 79% of its value over the last nine years, with the most recent annual performance showing a catastrophic -59% drop. This is not a temporary setback; it is a deteriorating franchise where the market has repeatedly punished the company for failing to deliver growth or profitability. The fundamentals confirm this distress: the company is burning cash with negative operating margins, negative return on equity, and no path to sustainable earnings visible in the forward estimates. While the balance sheet remains intact due to low debt, the core business engine is stalled. There is no dividend to provide income, and the stock trades at a premium valuation relative to its shrinking sales base. The recent price recovery is likely a technical rebound off lows rather than a sign of renewed operational vitality. Investors should view this as a deep value trap where the low price reflects the reality of a struggling specialty drug manufacturer.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.027054
AutoARIMA0.041467
AutoETS0.043712
MSTL0.048645

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 37%
H-stat 0.11
Ljung-Box p 0.067
Jarque-Bera p 0.000
Excess Kurtosis 10.41
Attribute Value
Sector Healthcare
Debt to Equity Ratio 19.22
Revenue per Share 8.218
Market Cap 209,829,696
Forward P/E 34.28
Beta 0.23
Profit Margins -9.52%
Website https://www.anika.com

As of July 11, 2026, 4:47 a.m. EDT: Options activity is sparse and lacks clear directional conviction. Implied volatility is extremely low across all expirations, suggesting a lack of speculative interest or fear. Open interest is negligible, with no significant positioning in either calls or puts to indicate a specific catalyst or trend. The market appears indifferent to near-term price movement.


Info Dump

Attribute Value
52 Week Change 0.35299218
Address1 32 Wiggins Avenue
All Time High 75.72
All Time Low 0.6875
Ask 20.03
Ask Size 2
Audit Risk 6
Average Daily Volume10 Day 86,180
Average Daily Volume3 Month 92,581
Average Volume 92,581
Average Volume10Days 86,180
Beta 0.227
Bid 11.31
Bid Size 2
Board Risk 6
Book Value 10.025
City Bedford
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.77
Current Ratio 4.463
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 16.2699
Day Low 15.63
Debt To Equity 19.22
Display Name Anika Therapeutics
Earnings Call Timestamp End 1,777,465,800
Earnings Call Timestamp Start 1,777,465,800
Earnings Timestamp 1,777,465,800
Earnings Timestamp End 1,785,328,200
Earnings Timestamp Start 1,785,328,200
Ebitda -5,273,000
Ebitda Margins -0.04535
Enterprise To Ebitda -36.895
Enterprise To Revenue 1.673
Enterprise Value 194,545,696
Eps Current Year 0.41
Eps Forward 0.46
Eps Trailing Twelve Months -0.79
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 781 305 9720
Fifty Day Average 14.7918
Fifty Day Average Change 0.9782009
Fifty Day Average Change Percent 0.0661313
Fifty Two Week Change Percent 35.299217
Fifty Two Week High 16.49
Fifty Two Week High Change -0.7199993
Fifty Two Week High Change Percent -0.043662786
Fifty Two Week Low 7.87
Fifty Two Week Low Change 7.9000006
Fifty Two Week Low Change Percent 1.0038121
Fifty Two Week Range 7.87 - 16.49
Financial Currency USD
First Trade Date Milliseconds 736,435,800,000
Float Shares 11,209,988
Forward Eps 0.46
Forward P E 34.282608
Free Cashflow 7,350,500
Full Exchange Name NasdaqGS
Full Time Employees 235
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.58594
Gross Profits 68,123,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06425
Held Percent Institutions 0.94765
Implied Shares Outstanding 13,305,624
Industry Drug Manufacturers - Specialty & Generic
Industry Disp Drug Manufacturers - Specialty & Generic
Industry Key drug-manufacturers-specialty-generic
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Anika Therapeutics, Inc., a joint preservation company, focuses on early intervention orthopedics in the United States, Europe, and internationally. The company offers osteoarthritis (OA) pain management products and services, such as Monovisc and Orthovisc, which are single- and multi-injection, HA viscosupplement products indicated for pain relief from OA conditions, as well as Cingal, a non-opioid, single-injection OA pain management product; regenerative solutions, including an HA-based scaffold with bone and tendon fixation components and arthroscopic delivery instruments; Hyalofast, a resorbable scaffold used for single stage cartilage regeneration; and Tactoset injectable bone substitute, an HA-enhanced injectable bone repair therapy designed to treat insufficiency fractures and augment hardware fixation. It also provides Integrity, an HA-based scaffold with bone and tendon fixation components and arthroscopic delivery instruments; non-orthopedic products, including Hyvisc, a high molecular weight injectable HA veterinary product for the treatment of joint dysfunction in horses due to non-infectious synovitis associated with equine OA; Hyalobarrier, an anti-adhesion barrier indicated for use after abdominal-pelvic surgeries; and ophthalmic products; and Anikavisc and Nuvisc high molecular weight HA products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.
Long Name Anika Therapeutics, Inc.
Market us_market
Market Cap 209,829,696
Market State PREPRE
Max Age 86,400
Message Board Id finmb_328641
Most Recent Quarter 1,774,915,200
Net Income To Common -11,077,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 207,700,790
Number Of Analyst Opinions 2
Open 16.12
Operating Cashflow 6,472,000
Operating Margins -0.13174
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 3.81
Phone 781 457 9000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 15.77
Post Market Time 1,783,981,118
Previous Close 15.6
Price Eps Current Year 38.463417
Price Hint 2
Price To Book 1.5730674
Price To Sales Trailing12 Months 1.8047848
Profit Margins -0.09515
Quick Ratio 3.186
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.17
Regular Market Change Percent 1.08974
Regular Market Day High 16.2699
Regular Market Day Low 15.63
Regular Market Day Range 15.63 - 16.2699
Regular Market Open 16.12
Regular Market Previous Close 15.6
Regular Market Price 15.77
Regular Market Time 1,783,972,801
Regular Market Volume 73,785
Return On Assets -0.03604
Return On Equity -0.07848
Revenue Growth 0.132
Revenue Per Share 8.218
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 5
Shares Outstanding 13,305,624
Shares Percent Shares Out 0.0313
Shares Short 416,970
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 562,976
Short Name Anika Therapeutics Inc.
Short Percent Of Float 0.041199997
Short Ratio 5.73
Source Interval 15
State MA
Symbol ANIK
Target High Price 18.0
Target Low Price 17.0
Target Mean Price 17.5
Target Median Price 17.5
Total Cash 41,020,000
Total Cash Per Share 3.083
Total Debt 25,736,000
Total Revenue 116,263,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.79
Trailing Peg Ratio 3.8073
Triggerable 1
Two Hundred Day Average 12.02605
Two Hundred Day Average Change 3.7439508
Two Hundred Day Average Change Percent 0.3113201
Type Disp Equity
Volume 73,785
Website https://www.anika.com
Zip 1,730