Virax Biolabs Group Ltd (NASDAQ:VRAX): Buy, Sell Or Hold At $1.81?

In last trading session, Virax Biolabs Group Ltd (NASDAQ:VRAX) saw 0.5 million shares changing hands with its beta currently measuring 1.71. Company’s recent per share price level of $1.81 trading at $0.08 or 4.62% at ring of the bell on the day assigns it a market valuation of $4.27M. That closing price of VRAX’s stock is at a discount of -201.1% from its 52-week high price of $5.45 and is indicating a premium of 66.85% from its 52-week low price of $0.60. Taking a look at company’s average trading volume volume of 1.39 million if we extend that period to 3-months.

Virax Biolabs Group Ltd (NASDAQ:VRAX) trade information

Upright in the green during last session for gaining 4.62%, in the last five days VRAX remained trading in the red while hitting it’s week-highest on Monday, 06/10/24 when the stock touched $1.81 price level, adding 9.5% to its value on the day. Virax Biolabs Group Ltd’s shares saw a change of 23.97% in year-to-date performance and have moved -8.12% in past 5-day. Virax Biolabs Group Ltd (NASDAQ:VRAX) showed a performance of 130.57% in past 30-days.

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VRAX Dividends

Virax Biolabs Group Ltd is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.