Geovax Labs Inc (GOVX) 20 Days SMA touches 10.76%: The odds favor the bear

On Friday, Geovax Labs Inc (NASDAQ: GOVX) opened higher 6.45% from the last session, before settling in for the closing price of $2.48. Price fluctuations for GOVX have ranged from $1.09 to $11.18 over the past 52 weeks.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -30.94%. Company’s average yearly earnings per share was noted 67.39% at the time writing. With a float of $9.39 million, this company’s outstanding shares have now reached $9.44 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 -35.21%, operating margin of -766.85%, and the pretax margin is -761.47%.

Geovax Labs Inc (GOVX) Insider Activity

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Geovax Labs Inc is 0.47%, 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) Earnings and Forecasts

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

Check out the current performance indicators for Geovax Labs Inc (GOVX). In the past quarter, the stock posted a quick ratio of 4.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.58.

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)

Compared to the last year’s volume of 0.92 million, its volume of 1.07 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 64.52%. Additionally, its Average True Range was 0.21.

During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 9.44%, which indicates a significant decrease from 82.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.57% in the past 14 days, which was lower than the 194.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.40, while its 200-day Moving Average is $2.46. Nevertheless, the first resistance level for the watch stands at $2.69 in the near term. At $2.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.85. If the price goes on to break the first support level at $2.53, it is likely to go to the next support level at $2.43. Should the price break the second support level, the third support level stands at $2.37.

Geovax Labs Inc (NASDAQ: GOVX) Key Stats

There are currently 9,436K shares outstanding in the company with a market cap of 26.52 million. Presently, the company’s annual sales total 0 K according to its annual income of -25,970 K. Last quarter, the company’s sales amounted to 2,790 K and its income totaled -5,820 K.