Closing Figures: Geovax Labs Inc (GOVX)’s Negative Finish at 2.20, Down -8.71

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After finishing at $2.41 in the prior trading day, Geovax Labs Inc (NASDAQ: GOVX) closed at $2.20, down -8.71%. In other words, the price has decreased by -$8.71 from its previous closing price. On the day, 0.6 million shares were traded. GOVX stock price reached its highest trading level at $2.41 during the session, while it also had its lowest trading level at $2.145.

Ratios:

Our goal is to gain a better understanding of GOVX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on July 16, 2024, initiated with a Buy rating and assigned the stock a target price of $20.

On November 19, 2020, Maxim Group started tracking the stock assigning a Buy rating and target price of $8.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 09 ’24 when DODD DAVID A bought 8,000 shares for $1.95 per share. The transaction valued at 15,600 led to the insider holds 26,661 shares of the business.

DODD DAVID A bought 8,209 shares of GOVX for $18,663 on Feb 22 ’24. The President, CEO now owns 18,661 shares after completing the transaction at $2.27 per share. On Feb 21 ’24, another insider, DODD DAVID A, who serves as the President, CEO of the company, bought 520 shares for $2.15 each. As a result, the insider paid 1,118 and bolstered with 10,452 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOVX now has a Market Capitalization of 18754362 and an Enterprise Value of 10160720. For the stock, the TTM Price-to-Sale (P/S) ratio is 62.48. Its current Enterprise Value per Revenue stands at 33.793 whereas that against EBITDA is -0.374.

Stock Price History:

Over the past 52 weeks, GOVX has reached a high of $11.18, while it has fallen to a 52-week low of $1.09. The 50-Day Moving Average of the stock is -36.82%, while the 200-Day Moving Average is calculated to be -24.08%.

Shares Statistics:

The stock has traded on average 4.75M shares per day over the past 3-months and 688420 shares per day over the last 10 days, according to various share statistics. A total of 8.52M shares are outstanding, with a floating share count of 8.48M. Insiders hold about 0.53% of the company’s shares, while institutions hold 2.28% stake in the company. Shares short for GOVX as of 1726185600 were 256925 with a Short Ratio of 0.05, compared to 1723680000 on 623333. Therefore, it implies a Short% of Shares Outstanding of 256925 and a Short% of Float of 3.0299999.

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