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Anika Therapeutics, Inc. (ANIK)

Healthcare | Drug Manufacturers - Specialty & Generic | Bedford, United States | NasdaqGS
21.10 USD +0.26 (1.248%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 21.10

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:22 a.m. EDT

The investment case for Anika Therapeutics is currently broken by a catastrophic multi-year price trajectory. Despite recent headlines celebrating a return to profitability and a 16% revenue jump, the stock has lost over 80% of its value over the last nine years, with the most recent annual return being a crushing -61%. This is not a temporary setback; it is a structural implosion where the market has permanently downgraded the business quality. The balance sheet, while technically solvent due to low debt, reflects a company that has failed to generate the sustained growth required to justify a premium valuation. The lack of a dividend and negative historical returns confirm that capital preservation is impossible here. While the recent earnings beat offers a glimmer of operational recovery, the sheer depth of the prior decline suggests the market views this as a value trap rather than a turnaround opportunity. The options market agrees, with investors aggressively buying cheap put insurance at strikes far below the current price, signaling a fear of further deterioration rather than excitement about the latest results.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.199723
MSTL0.199934
AutoARIMA0.200802
AutoTheta0.215964

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 31%
H-stat 30.59
Ljung-Box p 0.000
Jarque-Bera p 0.045
Excess Kurtosis -1.81
Attribute Value
Sector Healthcare
Debt to Equity Ratio 18.393
Revenue per Share 8.687
Market Cap 282,380,576
Forward P/E 22.21
Beta 0.19
Profit Margins -3.14%
Website https://www.anika.com

As of Aug. 22, 2026, 4:22 a.m. EDT: Speculators are heavily positioned for downside protection with deep out-of-the-money puts dominating open interest across nearly all expirations, while call activity remains sparse and concentrated near the money. Implied volatility is significantly elevated for puts compared to calls, indicating a market consensus focused on potential collapse rather than upside expansion.


Info Dump

Attribute Value
52 Week Change 1.2775955
Address1 32 Wiggins Avenue
All Time High 75.72
All Time Low 0.6875
Ask 21.29
Ask Size 1
Audit Risk 6
Average Daily Volume10 Day 130,290
Average Daily Volume3 Month 93,959
Average Volume 93,959
Average Volume10Days 130,290
Beta 0.192
Bid 15.25
Bid Size 2
Board Risk 5
Book Value 10.258
City Bedford
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 21.1
Current Ratio 4.479
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 21.44
Day Low 20.8
Debt To Equity 18.393
Display Name Anika Therapeutics
Earnings Call Timestamp End 1,785,328,200
Earnings Call Timestamp Start 1,785,328,200
Earnings Timestamp 1,785,328,200
Earnings Timestamp End 1,793,795,400
Earnings Timestamp Start 1,793,795,400
Ebitda 3,040,000
Ebitda Margins 0.0252
Enterprise To Ebitda 88.559
Enterprise To Revenue 2.231
Enterprise Value 269,218,592
Eps Current Year 1.05
Eps Forward 0.95
Eps Trailing Twelve Months -0.23
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 17.5848
Fifty Day Average Change 3.5151997
Fifty Day Average Change Percent 0.19989988
Fifty Two Week Change Percent 127.75955
Fifty Two Week High 22.88
Fifty Two Week High Change -1.7799988
Fifty Two Week High Change Percent -0.07779715
Fifty Two Week Low 8.37
Fifty Two Week Low Change 12.7300005
Fifty Two Week Low Change Percent 1.5209081
Fifty Two Week Range 8.37 - 22.88
Financial Currency USD
First Trade Date Milliseconds 736,435,800,000
Float Shares 11,285,320
Forward Eps 0.95
Forward P E 22.210527
Free Cashflow 3,062,375
Full Exchange Name NasdaqGS
Full Time Employees 235
Fullday Change 0.26
Fullday Change Percent 1.2476
Fullday Price 21.1
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.62165
Gross Profits 75,004,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06403
Held Percent Institutions 0.93328005
Implied Shares Outstanding 13,382,966
Industry Drug Manufacturers - Specialty & Generic
Industry Disp Drug Manufacturers - Specialty & Generic
Industry Key drug-manufacturers-specialty-generic
Is Earnings Date Estimate 0
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 282,380,576
Market State CLOSED
Max Age 86,400
Message Board Id finmb_328641
Most Recent Quarter 1,782,777,600
Net Income To Common -3,121,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 278,901,011
Number Of Analyst Opinions 2
Open 21.085
Operating Cashflow 5,977,000
Operating Margins 0.114259996
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 5.49
Phone 781 457 9000
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 21.1
Post Market Time 1,787,959,804
Previous Close 20.84
Price Eps Current Year 20.09524
Price Hint 2
Price To Book 2.056931
Price To Sales Trailing12 Months 2.3404162
Profit Margins -0.03136
Quick Ratio 3.047
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.26
Regular Market Change Percent 1.2476
Regular Market Day High 21.44
Regular Market Day Low 20.8
Regular Market Day Range 20.8 - 21.44
Regular Market Open 21.085
Regular Market Previous Close 20.84
Regular Market Price 21.1
Regular Market Time 1,787,947,201
Regular Market Volume 98,939
Return On Assets -0.00873
Return On Equity -0.02191
Revenue Growth 0.156
Revenue Per Share 8.687
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 5
Shares Outstanding 13,382,966
Shares Percent Shares Out 0.0252
Shares Short 337,211
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 349,776
Short Name Anika Therapeutics Inc.
Short Percent Of Float 0.033099998
Short Ratio 3.26
Source Interval 15
State MA
Symbol ANIK
Target High Price 21.0
Target Low Price 21.0
Target Mean Price 21.0
Target Median Price 21.0
Total Cash 38,412,000
Total Cash Per Share 2.87
Total Debt 25,250,000
Total Revenue 120,654,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.23
Trailing Peg Ratio 5.3436
Triggerable 1
Two Hundred Day Average 13.61205
Two Hundred Day Average Change 7.4879503
Two Hundred Day Average Change Percent 0.55009717
Type Disp Equity
Volume 98,939
Website https://www.anika.com
Zip 1,730