Gaining Ground: Geovax Labs Inc (GOVX) Closes Higher at 3.03, Up 24.69

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The price of Geovax Labs Inc (NASDAQ: GOVX) closed at $3.03 in the last session, up 24.69% from day before closing price of $2.43. In other words, the price has increased by $24.69 from its previous closing price. On the day, 3.42 million shares were traded. GOVX stock price reached its highest trading level at $3.12 during the session, while it also had its lowest trading level at $2.4802.

Ratios:

We take a closer look at GOVX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.17 and its Current Ratio is at 4.17. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Alliance Global Partners on November 11, 2024, initiated with a Buy rating and assigned the stock a target price of $15.

On July 16, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $20.

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

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 25829872 and an Enterprise Value of 12792570. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.61 while its Price-to-Book (P/B) ratio in mrq is 3.07. Its current Enterprise Value per Revenue stands at 42.546 whereas that against EBITDA is -0.471.

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 28.39%, while the 200-Day Moving Average is calculated to be 24.27%.

Shares Statistics:

According to the various share statistics, GOVX traded on average about 5.00M shares per day over the past 3-months and 6058220 shares per day over the past 10 days. A total of 9.44M shares are outstanding, with a floating share count of 9.39M. Insiders hold about 0.52% of the company’s shares, while institutions hold 4.33% stake in the company. Shares short for GOVX as of 1730332800 were 301021 with a Short Ratio of 0.06, compared to 1727654400 on 301214. Therefore, it implies a Short% of Shares Outstanding of 301021 and a Short% of Float of 3.55.

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