Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Novavax, Inc (NASDAQ: NVAX) was $9.35 for the day, down -2.71% from the previous closing price of $9.61. In other words, the price has decreased by -$2.71 from its previous closing price. On the day, 4.27 million shares were traded. NVAX stock price reached its highest trading level at $9.87 during the session, while it also had its lowest trading level at $9.29.
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 1.03 and its Current Ratio is at 1.04.
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 1496878976 and an Enterprise Value of 710818496. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47. Its current Enterprise Value per Revenue stands at 0.72 whereas that against EBITDA is -2.951.
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 -21.49%, while the 200-Day Moving Average is calculated to be -4.62%.
Shares Statistics:
NVAX traded an average of 6.17M shares per day over the past three months and 4192650 shares per day over the past ten days. A total of 160.09M shares are outstanding, with a floating share count of 153.03M. Insiders hold about 4.42% of the company’s shares, while institutions hold 53.34% stake in the company. Shares short for NVAX as of 1728950400 were 35718187 with a Short Ratio of 5.79, compared to 1726185600 on 33531081. Therefore, it implies a Short% of Shares Outstanding of 35718187 and a Short% of Float of 27.83.
