Vaxart Inc (VXRT): A Technical Analysis

VXRT has 36-month beta value of 0.63. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for VXRT is 225.46M, and currently, short sellers hold a 4.96% ratio of that float. The average trading volume of VXRT on December 11, 2024 was 1.37M shares.

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VXRT) stock’s latest price update

Vaxart Inc (NASDAQ: VXRT)’s stock price has dropped by -4.01 in relation to previous closing price of 0.63. Nevertheless, the company has seen a gain of 5.34% in its stock price over the last five trading days. globenewswire.com reported 2024-12-02 that SOUTH SAN FRANCISCO, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — Vaxart, Inc. (Nasdaq: VXRT) today announced completion of enrollment of the sentinel cohort of a Phase 2b clinical trial evaluating Vaxart’s oral pill COVID-19 vaccine candidate against an approved mRNA vaccine comparator. The sentinel cohort comprised of 400 participants, with 200 receiving Vaxart’s COVID-19 vaccine candidate and 200 receiving an approved mRNA vaccine comparator.

VXRT’s Market Performance

Vaxart Inc (VXRT) has experienced a 5.34% rise in stock performance for the past week, with a -13.49% drop in the past month, and a -33.90% drop in the past quarter. The volatility ratio for the week is 9.63%, and the volatility levels for the past 30 days are at 7.66% for VXRT. The simple moving average for the last 20 days is -1.92% for VXRT’s stock, with a simple moving average of -26.82% for the last 200 days.

Analysts’ Opinion of VXRT

Many brokerage firms have already submitted their reports for VXRT stocks, with Oppenheimer repeating the rating for VXRT by listing it as a “Outperform.” The predicted price for VXRT in the upcoming period, according to Oppenheimer is $4 based on the research report published on August 15, 2024 of the current year 2024.

Jefferies, on the other hand, stated in their research note that they expect to see VXRT reach a price target of $12, previously predicting the price at $13. The rating they have provided for VXRT stocks is “Buy” according to the report published on December 29th, 2021.

Cantor Fitzgerald gave a rating of “Overweight” to VXRT, setting the target price at $15 in the report published on November 02nd of the previous year.

VXRT Trading at -15.70% from the 50-Day Moving Average

After a stumble in the market that brought VXRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.03% of loss for the given period.

Volatility was left at 7.66%, however, over the last 30 days, the volatility rate increased by 9.63%, as shares sank -16.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.45% lower at present.

During the last 5 trading sessions, VXRT rose by +6.23%, which changed the moving average for the period of 200-days by -52.34% in comparison to the 20-day moving average, which settled at $0.6122. In addition, Vaxart Inc saw 4.78% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at VXRT starting from Watson W. Mark, who purchase 20,000 shares at the price of $0.68 back on Jun 18 ’24. After this action, Watson W. Mark now owns 78,125 shares of Vaxart Inc, valued at $13,578 using the latest closing price.

Stock Fundamentals for VXRT

Current profitability levels for the company are sitting at:

  • -4.28 for the present operating margin
  • -0.18 for the gross margin

The net margin for Vaxart Inc stands at -4.32. The total capital return value is set at -0.83. Equity return is now at value -103.37, with -53.13 for asset returns.

Currently, EBITDA for the company is -74.72 million with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 7.97. The receivables turnover for the company is 4.56for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.

Conclusion

To put it simply, Vaxart Inc (VXRT) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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