Additionally, the 36-month beta value for GOVX is 2.94. 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 GOVX is 4.94M and currently, short sellers hold a 5.29% ratio of that float. The average trading volume of GOVX on August 07, 2024 was 3.10M shares.
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GOVX) stock’s latest price update
Geovax Labs Inc (NASDAQ: GOVX)’s stock price has increased by 3.97 compared to its previous closing price of 1.80. However, the company has seen a -10.03% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-06 that Awarded BARDA Project NextGen (PNG) contract to advance GeoVax’s multi-antigen vaccine candidate, GEO-CM04S1, into 10,000-participant randomized, comparative Phase 2b COVID-19 vaccine study
GOVX’s Market Performance
Geovax Labs Inc (GOVX) has experienced a -10.03% fall in stock performance for the past week, with a -25.74% drop in the past month, and a 15.52% rise in the past quarter. The volatility ratio for the week is 10.25%, and the volatility levels for the past 30 days are at 12.67% for GOVX. The simple moving average for the past 20 days is -25.97% for GOVX’s stock, with a -47.02% simple moving average for the past 200 days.
Analysts’ Opinion of GOVX
Many brokerage firms have already submitted their reports for GOVX stocks, with ROTH MKM repeating the rating for GOVX by listing it as a “Buy.” The predicted price for GOVX in the upcoming period, according to ROTH MKM is $20 based on the research report published on July 16, 2024 of the current year 2024.
Maxim Group, on the other hand, stated in their research note that they expect to see GOVX reach a price target of $8. The rating they have provided for GOVX stocks is “Buy” according to the report published on November 19th, 2020.
GOVX Trading at -17.97% from the 50-Day Moving Average
After a stumble in the market that brought GOVX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.81% of loss for the given period.
Volatility was left at 12.67%, however, over the last 30 days, the volatility rate increased by 10.25%, as shares sank -38.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.79% upper at present.
During the last 5 trading sessions, GOVX fell by -4.81%, which changed the moving average for the period of 200-days by -74.62% in comparison to the 20-day moving average, which settled at $2.4670. In addition, Geovax Labs Inc saw -65.44% 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 GOVX starting from DODD DAVID A, who purchase 8,209 shares at the price of $2.27 back on Feb 22 ’24. After this action, DODD DAVID A now owns 18,661 shares of Geovax Labs Inc, valued at $18,663 using the latest closing price.
DODD DAVID A, the President, CEO of Geovax Labs Inc, purchase 520 shares at $2.15 during a trade that took place back on Feb 21 ’24, which means that DODD DAVID A is holding 10,452 shares at $1,118 based on the most recent closing price.
Stock Fundamentals for GOVX
Current profitability levels for the company are sitting at:
- -262.13 for the present operating margin
- 0.43 for the gross margin
The net margin for Geovax Labs Inc stands at -259.02. The total capital return value is set at 11.8. Equity return is now at value -362.39, with -212.40 for asset returns.
Based on Geovax Labs Inc (GOVX), the company’s capital structure generated -0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -190.41. The debt to equity ratio resting at -0.06. The interest coverage ratio of the stock is -120.84.
Currently, EBITDA for the company is -26.67 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 76.08. The receivables turnover for the company is 0.35for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.60.
Conclusion
In conclusion, Geovax Labs Inc (GOVX) 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.
