Technical Outlook And Game Plan For Novavax, Inc (NASDAQ: NVAX)

Novavax, Inc (NVAX) concluded trading on Wednesday at a closing price of $7.47, with 14.72 million shares of worth about $109.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.62% during that period and on April 23, 2025 the price saw a gain of about 19.52%. Currently the company’s common shares owned by public are about 160.42M shares, out of which, 146.57M shares are available for trading.

Stock saw a price change of 16.90% in past 5 days and over the past one month there was a price change of -2.86%. Year-to-date (YTD), NVAX shares are showing a performance of -7.09% which increased to 88.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.90 but also hit the highest price of $23.86 during that period. The average intraday trading volume for Novavax, Inc shares is 4.77 million. The stock is currently trading 17.18% above its 20-day simple moving average (SMA20), while that difference is up 2.59% for SMA50 and it goes to -24.87% lower than SMA200.

Novavax, Inc (NASDAQ: NVAX) currently have 160.42M outstanding shares and institutions hold larger chunk of about 59.66% of that.

The stock has a current market capitalization of $1.20B and its 3Y-monthly beta is at 3.14. It has posted earnings per share of -$1.32 in the same period. It has Quick Ratio of 0.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NVAX, volatility over the week remained 6.68% while standing at 9.44% over the month.

Stock’s fiscal year EPS is expected to rise by 141.58% while it is estimated to decrease by -31.56% 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 BTIG Research on February 28, 2025 offering a Buy rating for the stock and assigned a target price of $19 to it. Coverage by JP Morgan stated Novavax, Inc (NVAX) stock as an Underweight in their note to investors on July 30, 2024, suggesting a price target of $8 for the stock. On May 10, 2024, JP Morgan Upgrade their recommendations, while on May 10, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $12. Stock get a Buy rating from B. Riley Securities on August 09, 2023.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.