Geovax Labs Inc (NASDAQ: GOVX) on Tuesday, plunged -10.30% from the previous trading day, before settling in for the closing price of $3.01. Within the past 52 weeks, GOVX’s price has moved between $1.09 and $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. The company achieved an average annual earnings per share of 67.39%. With a float of $9.39 million, this company’s outstanding shares have now reached $9.44 million.
In an organization with 17 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -35.21%, operating margin of -766.85%, and the pretax margin is -761.47%.
Geovax Labs Inc (GOVX) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Geovax Labs Inc is 0.52%, while institutional ownership is 4.76%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 67.39% per share during the next fiscal year.
Geovax Labs Inc (NASDAQ: GOVX) Trading Performance Indicators
Geovax Labs Inc (GOVX) is currently performing well based on its current performance indicators. A quick ratio of 4.17 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.24, a number that is poised to hit -0.77 in the next quarter and is forecasted to reach -1.16 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 0.97 million. That was inferior than the volume of 2.48 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.47%. Additionally, its Average True Range was 0.36.
During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 11.48%, which indicates a significant decrease from 42.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 248.17% in the past 14 days, which was higher than the 201.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.34, while its 200-day Moving Average is $2.44. However, in the short run, Geovax Labs Inc’s stock first resistance to watch stands at $2.91. Second resistance stands at $3.13. The third major resistance level sits at $3.24. If the price goes on to break the first support level at $2.58, it is likely to go to the next support level at $2.47. The third support level lies at $2.25 if the price breaches the second support level.
Geovax Labs Inc (NASDAQ: GOVX) Key Stats
Market capitalization of the company is 25.48 million based on 9,436K outstanding shares. Right now, sales total 0 K and income totals -25,970 K. The company made 2,790 K in profit during its latest quarter, and -5,820 K in sales during its previous quarter.
