Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Vaxart Inc (NASDAQ: VXRT) was $0.88 for the day, down -6.80% from the previous closing price of $0.94. In other words, the price has decreased by -$6.80 from its previous closing price. On the day, 4.16 million shares were traded. VXRT stock price reached its highest trading level at $0.98 during the session, while it also had its lowest trading level at $0.83.
Ratios:
Our analysis of VXRT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.25.
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, Oppenheimer on August 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $4.
On November 02, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $15.Cantor Fitzgerald initiated its Overweight rating on November 02, 2021, with a $15 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 18 ’24 when Watson W. Mark bought 20,000 shares for $0.68 per share. The transaction valued at 13,578 led to the insider holds 78,125 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VXRT now has a Market Capitalization of 199363472 and an Enterprise Value of 103825752. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.90 while its Price-to-Book (P/B) ratio in mrq is 2.91. Its current Enterprise Value per Revenue stands at 7.454 whereas that against EBITDA is -1.567.
Stock Price History:
Over the past 52 weeks, VXRT has reached a high of $1.54, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is 31.16%, while the 200-Day Moving Average is calculated to be 12.83%.
Shares Statistics:
VXRT traded an average of 1.64M shares per day over the past three months and 3165710 shares per day over the past ten days. A total of 227.48M shares are outstanding, with a floating share count of 225.47M. Insiders hold about 0.89% of the company’s shares, while institutions hold 23.26% stake in the company. Shares short for VXRT as of 1730332800 were 11273316 with a Short Ratio of 6.90, compared to 1727654400 on 12071690. Therefore, it implies a Short% of Shares Outstanding of 11273316 and a Short% of Float of 5.0.
