The stock of Evaxion Biotech A/S ADR (EVAX) has gone down by -4.13% for the week, with a -5.33% drop in the past month and a 5.23% rise in the past quarter. The volatility ratio for the week is 8.79%, and the volatility levels for the past 30 days are 9.67% for EVAX. The simple moving average for the last 20 days is -3.47% for EVAX stock, with a simple moving average of -25.25% for the last 200 days.
Is It Worth Investing in Evaxion Biotech A/S ADR (NASDAQ: EVAX) Right Now?
The stock has a 36-month beta value of -0.26. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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On September 26, 2024, the average trading volume of EVAX was 35.92K shares.
EVAX) stock’s latest price update
Evaxion Biotech A/S ADR (NASDAQ: EVAX) has seen a rise in its stock price by 6.71 in relation to its previous close of 2.83. However, the company has experienced a -4.13% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-26 that COPENHAGEN, Denmark, Sept. 26, 2024 (GLOBE NEWSWIRE) — Evaxion Biotech A/S (NASDAQ: EVAX) (“Evaxion”), a clinical-stage TechBio company specializing in developing AI-Immunology™ powered vaccines, today announced that it has entered into an option and license agreement with MSD (tradename of Merck & Co., Inc., Rahway, NJ, USA) for two preclinical vaccine candidates. The agreement expands the companies’ current collaboration and carries significant value for Evaxion.
Analysts’ Opinion of EVAX
Many brokerage firms have already submitted their reports for EVAX stocks, with Ladenburg Thalmann repeating the rating for EVAX by listing it as a “Buy.” The predicted price for EVAX in the upcoming period, according to Ladenburg Thalmann is $8 based on the research report published on April 02, 2024 of the current year 2024.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see EVAX reach a price target of $14. The rating they have provided for EVAX stocks is “Buy” according to the report published on February 12th, 2024.
EVAX Trading at 1.53% from the 50-Day Moving Average
After a stumble in the market that brought EVAX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.81% of loss for the given period.
Volatility was left at 9.67%, however, over the last 30 days, the volatility rate increased by 8.79%, as shares surge +1.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.54% upper at present.
During the last 5 trading sessions, EVAX fell by -3.17%, which changed the moving average for the period of 200-days by -56.10% in comparison to the 20-day moving average, which settled at $3.13. In addition, Evaxion Biotech A/S ADR saw -55.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for EVAX
Current profitability levels for the company are sitting at:
- -68.71 for the present operating margin
- 1.0 for the gross margin
The net margin for Evaxion Biotech A/S ADR stands at -54.74. The total capital return value is set at -1.68. Equity return is now at value -803.07, with -95.11 for asset returns.
Based on Evaxion Biotech A/S ADR (EVAX), the company’s capital structure generated 0.87 points at debt to capital in total, while cash flow to debt ratio is standing at -0.73. The debt to equity ratio resting at 6.97. The interest coverage ratio of the stock is -25.03.
Currently, EBITDA for the company is -21.62 million with net debt to EBITDA at -0.18. When we switch over and look at the enterprise to sales, we see a ratio of 71.47. The receivables turnover for the company is 0.1for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.80.
Conclusion
To sum up, Evaxion Biotech A/S ADR (EVAX) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
