Geovax Labs Inc (GOVX) average volume reaches $5.36M: Is Wall Street expecting a rally?

Geovax Labs Inc (NASDAQ: GOVX) kicked off on Monday, up 1.27% from the previous trading day, before settling in for the closing price of $7.06. Over the past 52 weeks, GOVX has traded in a range of $1.09-$9.75.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -20.34%. While this was happening, its average annual earnings per share was recorded 59.25%. With a float of $5.22 million, this company’s outstanding shares have now reached $5.26 million.

Considering the fact that the conglomerate employs 17 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 79.52%, operating margin of -6732.46%, and the pretax margin is -6652.53%.

Geovax Labs Inc (GOVX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Geovax Labs Inc is 0.89%, while institutional ownership is 3.69%. 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) Earnings and Forecasts

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

Take a look at Geovax Labs Inc’s (GOVX) current performance indicators. Last quarter, 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 125.36.

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)

Compared to the last year’s volume of 2.4 million, its volume of 36.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 68.84%. Additionally, its Average True Range was 1.04.

During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 60.06%, which indicates a significant increase from 57.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 318.96% in the past 14 days, which was higher than the 213.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.58, while its 200-day Moving Average is $3.35. Nevertheless, the first resistance level for the watch stands at $9.87 in the near term. At $12.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.99. If the price goes on to break the first support level at $5.75, it is likely to go to the next support level at $4.34. Should the price break the second support level, the third support level stands at $1.63.

Geovax Labs Inc (NASDAQ: GOVX) Key Stats

The company with the Market Capitalisation of 37.61 million has total of 2,308K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -25,970 K annual income. Company’s last quarter sales were recorded 300 K and last quarter income was -5,060 K.