Advaxis Inc. (NASDAQ:ADXS) has a beta value of 2.46 and has seen 17.51 million shares traded in the last trading session. The company, currently valued at $67.50M, closed the last trade at $0.50 per share which meant it gained $0.04 on the day or 8.71% during that session. The ADXS stock price is -214.0% off its 52-week high price of $1.57 and 48.0% above the 52-week low of $0.26. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.02 million shares traded. The 3-month trading volume is 6.94 million shares.
The consensus among analysts is that Advaxis Inc. (ADXS) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.04.
Advaxis Inc. (NASDAQ:ADXS) trade information
Sporting 8.71% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 09/03/21 when the ADXS stock price touched $0.50 or saw a rise of 3.85%. Year-to-date, Advaxis Inc. shares have moved 44.54%, while the 5-day performance has seen it change 9.38%. Over the past 30 days, the shares of Advaxis Inc. (NASDAQ:ADXS) have changed 15.57%. Short interest in the company has seen 4.49 million shares shorted with days to cover at 1.4.
Wall Street analysts have a consensus price target for the stock at $2.25, which means that the shares’ value could jump 77.78% from current levels. The projected low price target is $2.25 while the price target rests at a high of $2.25. In that case, then, we find that the current price level is -350.0% off the targeted high while a plunge would see the stock gain -350.0% from current levels.
Advaxis Inc. (ADXS) estimates and forecasts
The company’s shares have lost -24.62% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 1,081.80%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 55.60% over the past 5 years.
Advaxis Inc. is expected to release its next earnings report between September 08 and September 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Advaxis Inc. (NASDAQ:ADXS)’s Major holders
Insiders own 0.05% of the company shares, while shares held by institutions stand at 11.38% with a share float percentage of 11.38%. Investors are also buoyed by the number of investors in a company, with Advaxis Inc. having a total of 46 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 5.75 million shares worth more than $2.67 million. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 3.95% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 1.25 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $0.58 million and represent 0.86% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 1.78% shares in the company for having 2.6 million shares of worth $1.91 million while later fund manager owns 1.13 million shares of worth $0.83 million as of Mar 30, 2021, which makes it owner of about 0.78% of company’s outstanding stock.