ANIK
Anika Therapeutics, Inc. Healthcare - Drug Manufacturers - Specialty & Generic Investor Relations →
Anika Therapeutics, Inc. (ANIK) closed at $10.46 as of 2026-02-02, trading 49.4% below its 200-week moving average of $20.65. This places ANIK in the extreme value zone. The stock moved further from the line this week, up from -55.5% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Over the past 1661 weeks of data, ANIK has crossed below its 200-week moving average 16 times. On average, these episodes lasted 52 weeks. The average one-year return after crossing below was -15.4%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $151 million, ANIK is a small-cap stock. The company generates a free cash flow yield of 18.0%, which is notably high. Return on equity stands at -8.7%. The stock trades at 1.0x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 31.9 years, a hypothetical investment of $100 in ANIK would have grown to $418, compared to $2692 for the S&P 500. ANIK has returned 4.6% annualized vs 10.9% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ANIK vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ANIK Crosses Below the Line?
Across 16 historical episodes, buying ANIK when it crossed below its 200-week moving average produced an average return of -14.1% after 12 months (median -17.0%), compared to +3.7% for the S&P 500 over the same periods. 38% of those episodes were profitable after one year. After 24 months, the average return was -8.6% vs +13.8% for the index.
Each line shows $100 invested at the moment ANIK crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ANIK has crossed below its 200-week MA 16 times with an average 1-year return of +-15.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1994 | Apr 1995 | 51 | 47.6% | N/A | +280.4% |
| Apr 1995 | Jul 1995 | 12 | 14.4% | +62.5% | +318.4% |
| Aug 1995 | Sep 1995 | 1 | 2.9% | +88.1% | +298.5% |
| Oct 1998 | Jun 1999 | 35 | 29.3% | +16.7% | +99.2% |
| Aug 1999 | Aug 1999 | 2 | 2.1% | -76.9% | +57.9% |
| Sep 1999 | Jan 2000 | 20 | 19.5% | -74.2% | +72.5% |
| Apr 2000 | Apr 2000 | 2 | 4.5% | -86.0% | +49.4% |
| May 2000 | May 2003 | 154 | 88.7% | -35.0% | +407.2% |
| Jan 2008 | Jan 2011 | 159 | 74.1% | -59.3% | -5.1% |
| Apr 2011 | Oct 2011 | 27 | 24.0% | +103.4% | +26.0% |
| Apr 2018 | Jul 2019 | 65 | 33.3% | -24.6% | -76.2% |
| Jan 2020 | May 2021 | 69 | 44.4% | -13.6% | -77.0% |
| Jun 2021 | Jun 2021 | 1 | 6.6% | -44.8% | -73.8% |
| Jul 2021 | Aug 2021 | 5 | 5.4% | -43.0% | -74.3% |
| Aug 2021 | Oct 2021 | 6 | 5.6% | -44.1% | -74.2% |
| Nov 2021 | Ongoing | 222+ | 66.0% | Ongoing | -73.0% |
| Average | 52 | — | +-15.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02