For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Novavax, Inc (NASDAQ: NVAX) was $8.64 for the day, down -0.69% from the previous closing price of $8.70. In other words, the price has decreased by -$0.69 from its previous closing price. On the day, 2.12 million shares were traded. NVAX stock price reached its highest trading level at $8.7741 during the session, while it also had its lowest trading level at $8.5001.
Ratios:
Our analysis of NVAX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93.
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:
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 Dec 13 ’24 when Rachel K. King bought 4,150 shares for $9.00 per share.
Dubovsky Filip bought 7,335 shares of NVAX for $95,331 on Sep 18 ’24. On Jun 21 ’24, another insider, YOUNG JAMES F, who serves as the Director of the company, sold 7,500 shares for $14.09 each. As a result, the insider received 105,675 and left with 61,760 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 1383998336 and an Enterprise Value of 746303424. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57. Its current Enterprise Value per Revenue stands at 0.843 whereas that against EBITDA is -3.068.
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 -5.37%, while the 200-Day Moving Average is calculated to be -17.91%.
Shares Statistics:
NVAX traded an average of 5.72M shares per day over the past three months and 3467610 shares per day over the past ten days. A total of 160.15M shares are outstanding, with a floating share count of 153.00M. Insiders hold about 4.49% of the company’s shares, while institutions hold 58.98% stake in the company. Shares short for NVAX as of 1732838400 were 39782759 with a Short Ratio of 6.96, compared to 1730332800 on 39980835. Therefore, it implies a Short% of Shares Outstanding of 39782759 and a Short% of Float of 30.969997999999997.
