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Novavax, Inc. (NASDAQ: NVAX) closed the day trading at $12.53 down -2.91% from the previous closing price of $12.90. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 5.75 million shares were traded. NVAX stock price reached its highest trading level at $13.04 during the session, while it also had its lowest trading level at $12.34.
Ratios:
For a better understanding of NVAX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.04.
BofA Securities Upgraded its Underperform to Neutral on May 10, 2024, whereas the target price for the stock was revised from $4 to $12.
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 Sep 18 ’24 when Dubovsky Filip bought 7,335 shares for $13.00 per share.
YOUNG JAMES F sold 7,500 shares of NVAX for $105,675 on Jun 21 ’24. The Director now owns 61,760 shares after completing the transaction at $14.09 per share. On Jun 18 ’24, another insider, YOUNG JAMES F, who serves as the Director of the company, sold 7,500 shares for $13.72 each. As a result, the insider received 102,881 and left with 69,260 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, NVAX now has a Market Capitalization of 2005977728 and an Enterprise Value of 1219916288. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03. Its current Enterprise Value per Revenue stands at 1.235 whereas that against EBITDA is -5.065.
Stock Price History:
Over the past 52 weeks, NVAX has reached a high of $23.86, while it has fallen to a 52-week low of $3.53. The 50-Day Moving Average of the stock is 0.59%, while the 200-Day Moving Average is calculated to be 33.52%.
Shares Statistics:
Over the past 3-months, NVAX traded about 6.76M shares per day on average, while over the past 10 days, NVAX traded about 6698540 shares per day. A total of 160.09M shares are outstanding, with a floating share count of 153.03M. Insiders hold about 4.42% of the company’s shares, while institutions hold 53.02% stake in the company. Shares short for NVAX as of 1727654400 were 33879071 with a Short Ratio of 5.01, compared to 1724976000 on 31608767. Therefore, it implies a Short% of Shares Outstanding of 33879071 and a Short% of Float of 26.400000000000002.
