Geovax Labs Inc (GOVX) plunged -12.60 in the last month: It’s impossible to believe the numbers

On Friday, Geovax Labs Inc (NASDAQ: GOVX) opened lower -12.60% from the last session, before settling in for the closing price of $1.27. Price fluctuations for GOVX have 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 -24.75% annually for the last half of the decade. Company’s average yearly earnings per share was noted 72.46% at the time writing.

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 Updates

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 8.32%. 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.

Geovax Labs Inc (GOVX) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 72.46% 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 2.55. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.89.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.16, a number that is poised to hit -0.62 in the next quarter and is forecasted to reach -1.01 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 0.51 million. That was inferior than the volume of 0.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.60%. Additionally, its Average True Range was 0.14.

During the past 100 days, Geovax Labs Inc’s (GOVX) raw stochastic average was set at 0.36%, which indicates a significant decrease from 1.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.47% in the past 14 days, which was lower than the 117.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6754, while its 200-day Moving Average is $2.4750. However, in the short run, Geovax Labs Inc’s stock first resistance to watch stands at $1.2163. Second resistance stands at $1.3227. The third major resistance level sits at $1.3808. If the price goes on to break the first support level at $1.0518, it is likely to go to the next support level at $0.9937. Assuming the price breaks the second support level, the third support level stands at $0.8873.

Geovax Labs Inc (NASDAQ: GOVX) Key Stats

There are currently 9,436K shares outstanding in the company with a market cap of 15.36 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.