Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Novavax, Inc (NASDAQ: NVAX) closed at $9.52 in the last session, up 2.15% from day before closing price of $9.32. In other words, the price has increased by $2.15 from its previous closing price. On the day, 3.42 million shares were traded. NVAX stock price reached its highest trading level at $9.77 during the session, while it also had its lowest trading level at $9.2.
Ratios:
We take a closer look at NVAX’s different ratios to gain a better understanding of the stock. 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:
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 Dec 13 ’24 when King Rachel K. sold 4,150 shares for $9.02 per share. The transaction valued at 37,435 led to the insider holds 14,770 shares of the business.
YOUNG JAMES F sold 5,400 shares of NVAX for $43,200 on Dec 31 ’24. The Director now owns 51,760 shares after completing the transaction at $8.00 per share. On Dec 24 ’24, another insider, YOUNG JAMES F, who serves as the Director of the company, sold 4,600 shares for $8.48 each. As a result, the insider received 39,008 and left with 57,160 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 1524961152 and an Enterprise Value of 877655168. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72. Its current Enterprise Value per Revenue stands at 0.991 whereas that against EBITDA is -3.608.
Stock Price History:
The Beta on a monthly basis for NVAX is 2.13, which has changed by 1.3800001 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. 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 9.55%, while the 200-Day Moving Average is calculated to be -13.31%.
Shares Statistics:
According to the various share statistics, NVAX traded on average about 4.68M shares per day over the past 3-months and 3854560 shares per day over the past 10 days. A total of 160.15M shares are outstanding, with a floating share count of 152.99M. Insiders hold about 4.49% of the company’s shares, while institutions hold 59.85% stake in the company. Shares short for NVAX as of 1736899200 were 38069559 with a Short Ratio of 8.14, compared to 1734048000 on 39157237. Therefore, it implies a Short% of Shares Outstanding of 38069559 and a Short% of Float of 29.639998000000002.
