Is Geovax Labs Inc (NASDAQ: GOVX) Proving The Doubters Wrong?

Geovax Labs Inc (GOVX) concluded trading on Wednesday at a closing price of $3.25, with 8.83 million shares of worth about $28.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.95% during that period and on August 14, 2024 the price saw a gain of about 30.00%. Currently the company’s common shares owned by public are about 5.26M shares, out of which, 5.19M shares are available for trading.

However, the stock later moved at a day high price of 3.4500, or with a gain of 30.00%. Stock saw a price change of 82.58% in past 5 days and over the past one month there was a price change of 9.80%. Year-to-date (YTD), GOVX shares are showing a performance of -39.98% which decreased to -59.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.09 but also hit the highest price of $9.75 during that period. The average intraday trading volume for Geovax Labs Inc shares is 3.14 million. The stock is currently trading 41.01% above its 20-day simple moving average (SMA20), while that difference is up 40.67% for SMA50 and it goes to -4.21% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Geovax Labs Inc (NASDAQ: GOVX) currently have 5.26M outstanding shares and institutions hold larger chunk of about 4.68% of that.

The stock has a current market capitalization of $17.09M and its 3Y-monthly beta is at 2.92. It has posted earnings per share of -$13.08 in the same period. It has Quick Ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOVX, volatility over the week remained 26.40% while standing at 15.41% over the month.

Stock’s fiscal year EPS is expected to rise by 59.25% while it is estimated to increase by 86.89% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH MKM on July 16, 2024 offering a Buy rating for the stock and assigned a target price of $20 to it. Coverage by Maxim Group stated Geovax Labs Inc (GOVX) stock as a Buy in their note to investors on November 19, 2020, suggesting a price target of $8 for the stock.

Most Popular

Related Posts