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.
After finishing at $0.45 in the prior trading day, Vaxart Inc (NASDAQ: VXRT) closed at $0.42, down -7.69%. In other words, the price has decreased by -$7.69 from its previous closing price. On the day, 1.54 million shares were traded.
Ratios:
Our goal is to gain a better understanding of VXRT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.27.
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, Oppenheimer on August 15, 2024, initiated with a Outperform rating and assigned the stock a target price of $4.
On November 02, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $15.Cantor Fitzgerald initiated its Overweight rating on November 02, 2021, with a $15 target price.
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 Jun 18 ’24 when Watson W. Mark bought 20,000 shares for $0.68 per share. The transaction valued at 13,578 led to the insider holds 78,125 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.30 while its Price-to-Book (P/B) ratio in mrq is 1.60.
Stock Price History:
Over the past 52 weeks, VXRT has reached a high of $1.07, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -4.77%, while the 200-Day Moving Average is calculated to be -37.43%.
Shares Statistics:
A total of 227.77M shares are outstanding, with a floating share count of 222.57M. Insiders hold about 2.47% of the company’s shares, while institutions hold 19.84% stake in the company.