GeoVax Labs Inc. (GOVX) saw an uptrend of 80.68% in the recent trading with $5.96 being its most recent. The current price level -90.06% lower than the highest price of $60.00 marked by the stock while trading over the past 52-weeks, whereas it is 158.79% higher than the lowest price of $2.30 the company dropped to over past 52-weeks. The latest news story on GOVX appeared in GlobeNewswire under the title “GeoVax Awarded NIH Grant to Advance COVID-19 Vaccine Development” on Jan-11-21.
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Squeezing the time span to 30 day period shows us the stock is currently trading -21.62% below one month high and is +92.69% above of the lowest during that time. Looking into the simple moving average, GeoVax Labs Inc. (GOVX)’s stock stands at a SMA-50 of $3.18 while that of 5-day is reading $3.84.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and GOVX’s SMA-200 as of now is $6.75.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. GeoVax Labs Inc. (GOVX) last released financial results for the quarter that ended 6/29/2019, posting a surprise factor of -3.10% for net revenue. During the reported three-month period, company’s sales were $415.5 million while analysts on average were estimating the same to be $0.33 million.
The perspective of GeoVax Labs Inc. (NASDAQ:GOVX)’s current quarter earnings identifies that analysts are in consensus over the estimate of -39,200 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -40,400.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 3.81 million. GOVX does have institutional investors; and they hold 22.50% or $41.72 of the stock.
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, GOVX declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Sep 29, 2020, Sabby Management, LLC was the top most holder in GeoVax Labs Inc. (NASDAQ:GOVX) with an ownership of 0.24 million shares of the company or 6.31% of the stake worth $0.77 million. The filing also reveals Hudson Bay Capital Management LP as the second largest holder in the company with a control over 2.10% of the outstanding shares. Its stake is worth $0.26 million for having 80000.0 shares in hand.
Armistice Capital, LLC also came holding a key position in the company during the recent quarter and it now holds 1.32% of the outstanding shares. With this there are now 7 institutions which have possession in GOVX’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the GeoVax Labs Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for GOVX. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by GeoVax Labs Inc. was 0.22 while posting a debt to equity ratio of 0.02.
GeoVax Labs Inc.’s return on equity, or ROE, is -320.10%, compared to the industry average of -46.13% for Healthcare – Biotechnology. Although this indicates that GOVX fails to use its equity well, the metric will vary significantly depending on the industry.
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for GeoVax Labs Inc. (GOVX), we notice that the stock’s 20-day average volume is at 2,557,485 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 2,009,568 shares. And to end, GOVX’s 100-day average volume is 1,320,106 shares with 50% of the long-term indicators pointing towards Sell for the stock.