In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Vaxxinity Inc (NASDAQ: VAXX) closed the day trading at $0.13 down -7.87% from the previous closing price of $0.14. In other words, the price has decreased by -$7.87 from its previous closing price. On the day, 5.14 million shares were traded. VAXX stock price reached its highest trading level at $0.1349 during the session, while it also had its lowest trading level at $0.1227.
Ratios:
For a better understanding of VAXX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 1.89. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 0.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Robert W. Baird on September 08, 2023, initiated with a Outperform rating and assigned the stock a target price of $7.
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 Sep 08 ’23 when Prime Movers Lab Fund I LP sold 25,089 shares for $1.67 per share. The transaction valued at 41,899 led to the insider holds 8,713,663 shares of the business.
Prime Movers Lab Fund I LP sold 22,872 shares of VAXX for $38,196 on Sep 08 ’23. The 10% Owner now owns 831,658 shares after completing the transaction at $1.67 per share. On Sep 07 ’23, another insider, Prime Movers Lab Fund I LP, who serves as the 10% Owner of the company, sold 20,312 shares for $1.79 each. As a result, the insider received 36,302 and left with 8,738,752 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, VAXX now has a Market Capitalization of 18098080 and an Enterprise Value of 1009198.
Stock Price History:
Over the past 52 weeks, VAXX has reached a high of $3.10, while it has fallen to a 52-week low of $0.10. The 50-Day Moving Average of the stock is -77.11%, while the 200-Day Moving Average is calculated to be -88.25%.
Shares Statistics:
Over the past 3-months, VAXX traded about 1.98M shares per day on average, while over the past 10 days, VAXX traded about 9767200 shares per day. A total of 112.87M shares are outstanding, with a floating share count of 50.90M. Insiders hold about 63.81% of the company’s shares, while institutions hold 8.89% stake in the company. Shares short for VAXX as of 1713139200 were 4220918 with a Short Ratio of 2.13, compared to 1710460800 on 3854083. Therefore, it implies a Short% of Shares Outstanding of 4220918 and a Short% of Float of 108.73001.
