Additionally, the 36-month beta value for PCVX is 0.94. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for PCVX is 103.22M and currently, short sellers hold a 7.99% ratio of that float. The average trading volume of PCVX on April 26, 2024 was 855.98K shares.
PCVX) stock’s latest price update
The stock price of Vaxcyte Inc (NASDAQ: PCVX) has plunged by -0.40 when compared to previous closing price of 60.30, but the company has seen a -0.92% decline in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-02 that SAN CARLOS, Calif., April 02, 2024 (GLOBE NEWSWIRE) — Vaxcyte, Inc. (Nasdaq: PCVX), a clinical-stage vaccine innovation company engineering high-fidelity vaccines to protect humankind from the consequences of bacterial diseases, announced today that Company management will participate in a fireside chat at the 23rd Annual Needham Virtual Healthcare Conference on Tuesday, April 9 at 12:45 p.m. ET / 9:45 a.m. PT.
PCVX’s Market Performance
PCVX’s stock has fallen by -0.92% in the past week, with a monthly drop of -10.92% and a quarterly drop of -5.27%. The volatility ratio for the week is 3.53% while the volatility levels for the last 30 days are 3.39% for Vaxcyte Inc The simple moving average for the past 20 days is -5.38% for PCVX’s stock, with a 4.47% simple moving average for the past 200 days.
Analysts’ Opinion of PCVX
Many brokerage firms have already submitted their reports for PCVX stocks, with Mizuho repeating the rating for PCVX by listing it as a “Buy.” The predicted price for PCVX in the upcoming period, according to Mizuho is $69 based on the research report published on December 07, 2023 of the previous year 2023.
Needham gave a rating of “Buy” to PCVX, setting the target price at $58 in the report published on January 03rd of the previous year.
PCVX Trading at -12.51% from the 50-Day Moving Average
After a stumble in the market that brought PCVX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.79% of loss for the given period.
Volatility was left at 3.39%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -12.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.74% lower at present.
During the last 5 trading sessions, PCVX fell by -0.92%, which changed the moving average for the period of 200-days by +28.91% in comparison to the 20-day moving average, which settled at $63.06. In addition, Vaxcyte Inc saw -4.36% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PCVX starting from PICKERING GRANT, who sale 15,000 shares at the price of $61.92 back on Apr 23 ’24. After this action, PICKERING GRANT now owns 477,847 shares of Vaxcyte Inc, valued at $928,845 using the latest closing price.
GUGGENHIME ANDREW, the PRESIDENT AND CFO of Vaxcyte Inc, sale 8,000 shares at $61.27 during a trade that took place back on Apr 18 ’24, which means that GUGGENHIME ANDREW is holding 95,679 shares at $490,199 based on the most recent closing price.
Stock Fundamentals for PCVX
The total capital return value is set at -0.31. Equity return is now at value -36.67, with -33.33 for asset returns.
Based on Vaxcyte Inc (PCVX), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -10.16. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 36.63.
Currently, EBITDA for the company is -382.87 million with net debt to EBITDA at 1.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.54.
Conclusion
In conclusion, Vaxcyte Inc (PCVX) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
