Trading Day Review: Vaxart Inc (VXRT) Loses Momentum, Closing at 0.76

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The price of Vaxart Inc (NASDAQ: VXRT) closed at $0.76 in the last session, down -10.29% from day before closing price of $0.84. In other words, the price has decreased by -$10.29 from its previous closing price. On the day, 1.91 million shares were traded. VXRT stock price reached its highest trading level at $0.855 during the session, while it also had its lowest trading level at $0.7503.

Ratios:

We take a closer look at VXRT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.32 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.35.

On November 02, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $15.

B. Riley Securities Downgraded its Buy to Neutral on June 29, 2021, whereas the target price for the stock was revised from $13 to $9.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VXRT now has a Market Capitalization of 131370120 and an Enterprise Value of 118170888. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.80 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 16.014 whereas that against EBITDA is -1.581.

Stock Price History:

Over the past 52 weeks, VXRT has reached a high of $1.59, while it has fallen to a 52-week low of $0.53. The 50-Day Moving Average of the stock is -35.23%, while the 200-Day Moving Average is calculated to be -10.68%.

Shares Statistics:

According to the various share statistics, VXRT traded on average about 1.93M shares per day over the past 3-months and 1493840 shares per day over the past 10 days. A total of 173.86M shares are outstanding, with a floating share count of 171.57M. Insiders hold about 1.32% of the company’s shares, while institutions hold 18.04% stake in the company. Shares short for VXRT as of 1711584000 were 17190577 with a Short Ratio of 8.91, compared to 1709164800 on 13714447. Therefore, it implies a Short% of Shares Outstanding of 17190577 and a Short% of Float of 9.94.

Earnings Estimates

The market rating for Vaxart Inc (VXRT) is a result of the insights provided by Vaxart, Inc. – Common Stock analysts actively involved in the assessment.The consensus estimate for the next quarter is $75.01, with high estimates of $32.11 and low estimates of $21.06.

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