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The closing price of Novavax, Inc (NASDAQ: NVAX) was $8.75 for the day, down -6.12% from the previous closing price of $9.32. In other words, the price has decreased by -$6.12 from its previous closing price. On the day, 3.65 million shares were traded. NVAX stock price reached its highest trading level at $9.28 during the session, while it also had its lowest trading level at $8.635.
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 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 1401618688 and an Enterprise Value of 845618176. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58. Its current Enterprise Value per Revenue stands at 0.955 whereas that against EBITDA is -3.476.
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 -17.79%, while the 200-Day Moving Average is calculated to be -14.05%.
Shares Statistics:
NVAX traded an average of 6.34M shares per day over the past three months and 6465530 shares per day over the past ten days. A total of 160.19M shares are outstanding, with a floating share count of 153.02M. Insiders hold about 4.47% of the company’s shares, while institutions hold 58.95% stake in the company. Shares short for NVAX as of 1730332800 were 39980835 with a Short Ratio of 6.30, compared to 1727654400 on 33879071. Therefore, it implies a Short% of Shares Outstanding of 39980835 and a Short% of Float of 31.149998.
