In the last trading session, 1,252,894 shares of the GeoVax Labs, Inc.(NASDAQ:GOVX) were traded, and its beta was 1.89. Most recently the company’s share price was $6.8, and it changed around -$0.36 or -0.05% from the last close, which brings the market valuation of the company to $41.08 Million. GOVX currently trades at a discount to its 52-week high of $8.71, offering almost -28.09% off that amount. The share price’s 52-week low was $2.56, which indicates that the current value has risen by an impressive 62.35% since then. We note from GeoVax Labs, Inc.’s average daily trading volume that its 10-day average is 1.56 Million shares, with the 3-month average coming to 2.58 Million.
GeoVax Labs, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended GOVX as a Hold, whereas 1 deemed it a Buy, and no one rated it as Underweight. GeoVax Labs, Inc. is expected to report earnings per share of $0 for the current quarter.
GeoVax Labs, Inc. (NASDAQ:GOVX): Trading Information
Although GOVX has showed a red trend with a performance of -5.03% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $8.71- on Friday, Feb 12 increased the stock’s daily price by 21.93%. The company’s shares are currently up 1.01% year-to-date, but still down -0.0582 over the last five days. On the other hand, GeoVax Labs, Inc. (NASDAQ:GOVX) is 0.56% up in the 30-day period. We can see from the shorts that 384.15 Million shares have been sold at a short interest cover period of 148.9 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bears needing to increase their stock price by 17.65% from its current value. Analyst projections state that GOVX is forecast to be at a low of $8 and a high of $8. In order for the stock price to hit the forecast high, the stock would need to surge +17.65% from its current level, while the stock would need to crash 17.65% from its current level to reach the projected low.
GeoVax Labs, Inc. (GOVX) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. GeoVax Labs, Inc. earnings are expected to decrease by 0% in 2021, but the outlook is negative 0% per year for the next five years.
GeoVax Labs, Inc. (NASDAQ:GOVX)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 14.08% of GeoVax Labs, Inc. shares, and 22.46% of them are in the hands of institutional investors. The stock currently has a share float of 26.14%. GeoVax Labs, Inc. stock is held by 7 institutions, with Sabby Management, LLC being the largest institutional investor. By Sep 29, 2020, it held 5.48% of the shares, which is about 240.65 Thousand shares worth $767.69 Thousand.
Hudson Bay Capital Management LP, with 1.82% or 80Thousand shares worth $255.2 Thousand as of Sep 29, 2020, holds the second largest percentage of outstanding shares.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.