Vaxxinity Inc (VAXX)’s liquidity ratios and what they mean

The price of Vaxxinity Inc (NASDAQ: VAXX) closed at $0.86 in the last session, up 6.28% from day before closing price of $0.80. In other words, the price has increased by $+0.0505 from its previous closing price. On the day, 1293725 shares were traded.

Ratios:

We take a closer look at VAXX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.51.

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:

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 Sep 08 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. The 10% Owner now owns 831,658 shares after completing the transaction at $1.67 per share. On Sep 07, 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 102.61M and an Enterprise Value of 73.40M. Its current Enterprise Value per Revenue stands at -199.98k whereas that against EBITDA is -1.17.

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 $0.56. The 50-Day Moving Average of the stock is 0.7376, while the 200-Day Moving Average is calculated to be 1.4870.

Shares Statistics:

According to the various share statistics, VAXX traded on average about 398.00K shares per day over the past 3-months and 857.4k shares per day over the past 10 days. A total of 112.18M shares are outstanding, with a floating share count of 45.25M. Insiders hold about 64.30% of the company’s shares, while institutions hold 9.95% stake in the company. Shares short for VAXX as of Feb 15, 2024 were 3.81M with a Short Ratio of 9.58, compared to 3.48M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.01% and a Short% of Float of 8.90%.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.1, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.

Analysts are recommending an EPS of between -$0.46 and -$0.46 for the fiscal current year, implying an average EPS of -$0.46. EPS for the following year is -$0.38, with 1 analysts recommending between -$0.38 and -$0.38.

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