Metric Deep Dive: Understanding Novavax, Inc (NVAX) Through its Ratios

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After finishing at $8.47 in the prior trading day, Novavax, Inc (NASDAQ: NVAX) closed at $8.28, down -2.24%. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 3.04 million shares were traded. NVAX stock price reached its highest trading level at $8.669 during the session, while it also had its lowest trading level at $8.19.

Ratios:

Our goal is to gain a better understanding of NVAX by taking a closer look at its different ratios. 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:

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 Dec 24 ’24 when YOUNG JAMES F bought 10,000 shares for $8.48 per share.

Rachel K. King bought 4,150 shares of NVAX for $37,350 on Dec 13 ’24. On Sep 18 ’24, another insider, Dubovsky Filip, who serves as the Officer of the company, bought 7,335 shares for $13.00 each.

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 1326331648 and an Enterprise Value of 679025728. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46. Its current Enterprise Value per Revenue stands at 0.767 whereas that against EBITDA is -2.792.

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 -7.26%, while the 200-Day Moving Average is calculated to be -21.70%.

Shares Statistics:

The stock has traded on average 5.48M shares per day over the past 3-months and 3247090 shares per day over the last 10 days, according to various share statistics. 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 1734048000 were 39157237 with a Short Ratio of 7.14, compared to 1731628800 on 41511116. Therefore, it implies a Short% of Shares Outstanding of 39157237 and a Short% of Float of 30.490000000000002.

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