Geovax Labs Inc (GOVX)’s latest performance is not what we had anticipated

A new trading day began on Monday, with Geovax Labs Inc (NASDAQ: GOVX) stock price up 16.35% from the previous day of trading, before settling in for the closing price of $1.87. GOVX’s price has ranged from $1.09 to $9.75 over the past 52 weeks.

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Annual sales at Healthcare sector company slipped by -20.34% over the past five years. Meanwhile, its annual earnings per share averaged 59.25%. With a float of $5.19 million, this company’s outstanding shares have now reached $5.26 million.

Let’s look at the performance matrix of the company that is accounted for 17 employees.

Geovax Labs Inc (GOVX) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Geovax Labs Inc is 1.45%, while institutional ownership is 4.63%. The most recent insider transaction that took place on Aug 09 ’24, was worth 15,600. In this transaction President, CEO of this company bought 8,000 shares at a rate of $1.95, taking the stock ownership to the 26,661 shares. Before that another transaction happened on Feb 22 ’24, when Company’s President, CEO bought 8,209 for $2.27, making the entire transaction worth $18,663. This insider now owns 18,661 shares in total.

Geovax Labs Inc (GOVX) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 59.25% per share during the next fiscal year.

Geovax Labs Inc (NASDAQ: GOVX) Trading Performance Indicators

Here are Geovax Labs Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 38.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -13.08, a number that is poised to hit -1.48 in the next quarter and is forecasted to reach -0.76 in one year’s time.

Technical Analysis of Geovax Labs Inc (GOVX)

Geovax Labs Inc (NASDAQ: GOVX) saw its 5-day average volume 0.51 million, a negative change from its year-to-date volume of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 51.51%. Additionally, its Average True Range was 0.35.

During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 28.34%, which indicates a significant decrease from 50.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.07% in the past 14 days, which was lower than the 172.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.3000, while its 200-day Moving Average is $3.4200. Nevertheless, the first resistance level for the watch stands at $2.3200 in the near term. At $2.4600, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.7000. If the price goes on to break the first support level at $1.9400, it is likely to go to the next support level at $1.7000. Assuming the price breaks the second support level, the third support level stands at $1.5600.

Geovax Labs Inc (NASDAQ: GOVX) Key Stats

With a market capitalization of 11.41 million, the company has a total of 2,308K Shares Outstanding. Currently, annual sales are 0 K while annual income is -25,970 K. The company’s previous quarter sales were 0 K while its latest quarter income was -5,850 K.