Could Novavax, Inc. (NVAX)’s Current Volatility Hinder Its Future Potential?

Novavax, Inc. (NASDAQ:NVAX) has a beta value of 1.96 and has seen 10.1 million shares traded in the last trading session. The company, currently valued at $1.78B, closed the last trade at $12.66 per share which meant it lost -$0.17 on the day or -1.33% during that session. The NVAX stock price is -88.47% off its 52-week high price of $23.86 and 72.12% above the 52-week low of $3.53. The 3-month trading volume is 15.65 million shares.

Novavax, Inc. (NASDAQ:NVAX) trade information

Sporting -1.33% in the red in last session, the stock has traded in the red over the last five days, when the NVAX stock price touched $12.66 or saw a rise of 14.75%. Year-to-date, Novavax, Inc. shares have moved 163.75%, while the 5-day performance has seen it change -9.57%. Over the past 30 days, the shares of Novavax, Inc. (NASDAQ:NVAX) have changed -16.21%.

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Novavax, Inc. (NVAX) estimates and forecasts

Figures show that Novavax, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 156.28% over the past 6 months, with this year growth rate of 109.06%, compared to 15.50% for the industry.

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 11.55% over the past 5 years. Earnings growth for 2024 is a modest 107.92% while over the next 5 years, the company’s earnings are expected to increase by 37.90%.

NVAX Dividends

Novavax, Inc. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.