GeoVax Labs Inc. (NASDAQ:GOVX) has a beta value of 1.86 and has seen 0.35 million shares traded in the last trading session. The company, currently valued at $36.82M, closed the last trade at $5.63 per share which meant it lost -$0.19 on the day or -3.26% during that session. The GOVX stock price is -91.83% off its 52-week high price of $10.80 and 54.53% above the 52-week low of $2.56. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.79 million shares traded. The 3-month trading volume is 2.53 million shares.
GeoVax Labs Inc. (NASDAQ:GOVX) trade information
Sporting -3.26% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the GOVX stock price touched $5.63 or saw a rise of 18.41%. Year-to-date, GeoVax Labs Inc. shares have moved 66.57%, while the 5-day performance has seen it change -2.43%. Over the past 30 days, the shares of GeoVax Labs Inc. (NASDAQ:GOVX) have changed 28.83%. Short interest in the company has seen 0.18 million shares shorted with days to cover at 0.65.
Wall Street analysts have a consensus price target for the stock at $8.00, which means that the shares’ value could jump 29.62% from current levels. The projected low price target is $8.00 while the price target rests at a high of $8.00. In that case, then, we find that the current price level is -42.1% off the targeted high while a plunge would see the stock gain -42.1% from current levels.
GeoVax Labs Inc. (GOVX) estimates and forecasts
The company’s shares have gained 20.30% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -89.60%.
0 analysts offering their estimates for the company have set an average revenue estimate of $110k for the current quarter. 1 have an estimated revenue figure of $80k for the next quarter concluding in Jun 2021. Year-ago sales stood $716k and $441k respectively for this quarter and the next, and analysts expect sales will shrink by -84.60% for the current quarter and -81.90% for the next.
GeoVax Labs Inc. is expected to release its next earnings report on May 06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
GeoVax Labs Inc. (NASDAQ:GOVX)’s Major holders
Insiders own 8.31% of the company shares, while shares held by institutions stand at 6.27% with a share float percentage of 6.84%. Investors are also buoyed by the number of investors in a company, with GeoVax Labs Inc. having a total of 13 institutions that hold shares in the company. The top two institutional holders are Citadel Advisors LLC with over 75296.0 shares worth more than $0.33 million. As of Mar 30, 2021, Citadel Advisors LLC held 1.19% of shares outstanding.
The other major institutional holder is Virtu Financial LLC, with the holding of over 60493.0 shares as of Mar 30, 2021. The firm’s total holdings are worth over $0.26 million and represent 0.96% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 0.79% shares in the company for having 49915.0 shares of worth $0.22 million while later fund manager owns 29217.0 shares of worth $0.16 million as of May 30, 2021, which makes it owner of about 0.46% of company’s outstanding stock.