A new trading day began on Monday, with Geovax Labs Inc (NASDAQ: GOVX) stock price down -6.77% from the previous day of trading, before settling in for the closing price of $1.92. GOVX’s price has ranged from $1.09 to $11.18 over the past 52 weeks.
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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. Meanwhile, its annual earnings per share averaged 59.25%. With a float of $8.48 million, this company’s outstanding shares have now reached $8.52 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
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 0.52%, while institutional ownership is 2.28%. 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 its latest quarterly report, released on 6/30/2024, the company reported earnings of -4.8 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
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 49.58.
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 0.5 million. That was inferior than the volume of 2.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.33%. Additionally, its Average True Range was 0.23.
During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 6.94%, which indicates a significant increase from 6.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.74% in the past 14 days, which was lower than the 232.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.7956, while its 200-day Moving Average is $2.5073. However, in the short run, Geovax Labs Inc’s stock first resistance to watch stands at $1.8847. Second resistance stands at $1.9793. The third major resistance level sits at $2.0467. If the price goes on to break the first support level at $1.7227, it is likely to go to the next support level at $1.6553. Assuming the price breaks the second support level, the third support level stands at $1.5607.
Geovax Labs Inc (NASDAQ: GOVX) Key Stats
With a market capitalization of 14.87 million, the company has a total of 8,387K Shares Outstanding. Currently, annual sales are 0 K while annual income is -25,970 K. The company’s previous quarter sales were 300 K while its latest quarter income was -5,060 K.
