Geovax Labs Inc (GOVX) is destined for greater heights as its last quarter sales were 300 K

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Geovax Labs Inc (NASDAQ: GOVX) kicked off on Friday, down -6.46% from the previous trading day, before settling in for the closing price of $4.95. Over the past 52 weeks, GOVX has traded in a range of $1.09-$11.18.

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A company in the Healthcare sector has dropped its sales by -20.34% annually for the last half of the decade. 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.

In an organization with 17 employees, it is important to assess its efficiency. 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 Updates

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) Performance Highlights and Predictions

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -4.8 earnings per share (EPS), lower than consensus estimate (set at -3.6) by -1.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.95 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

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 81.18.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 3.59 million. That was better than the volume of 2.71 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.73%. Additionally, its Average True Range was 1.31.

During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 35.08%, which indicates a significant increase from 27.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 398.55% in the past 14 days, which was higher than the 229.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.41, while its 200-day Moving Average is $3.26. However, in the short run, Geovax Labs Inc’s stock first resistance to watch stands at $5.15. Second resistance stands at $5.68. The third major resistance level sits at $6.07. If the price goes on to break the first support level at $4.23, it is likely to go to the next support level at $3.84. Assuming the price breaks the second support level, the third support level stands at $3.31.

Geovax Labs Inc (NASDAQ: GOVX) Key Stats

The company with the Market Capitalisation of 24.35 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.