Market Momentum Report: Vaxart Inc (VXRT)’s Negative Close at 0.34

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 price of Vaxart Inc (NASDAQ: VXRT) closed at $0.34 in the last session, down -11.26% from day before closing price of $0.38. In other words, the price has decreased by -$11.26 from its previous closing price. On the day, 2.94 million shares were traded. VXRT stock price reached its highest trading level at $0.3953 during the session, while it also had its lowest trading level at $0.3355.

Ratios:

We take a closer look at VXRT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.27.

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:

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 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 76704832 and an Enterprise Value of 48265920. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 1.682 whereas that against EBITDA is -0.84.

Stock Price History:

The Beta on a monthly basis for VXRT is 1.30, which has changed by -0.6851852 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, VXRT has reached a high of $1.30, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -41.83%, while the 200-Day Moving Average is calculated to be -51.53%.

Shares Statistics:

According to the various share statistics, VXRT traded on average about 1.92M shares per day over the past 3-months and 2328790 shares per day over the past 10 days. A total of 227.77M shares are outstanding, with a floating share count of 222.57M. Insiders hold about 2.47% of the company’s shares, while institutions hold 22.55% stake in the company. Shares short for VXRT as of 1741910400 were 12229363 with a Short Ratio of 6.38, compared to 1739491200 on 11353052. Therefore, it implies a Short% of Shares Outstanding of 12229363 and a Short% of Float of 5.42.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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