In the last trading session, 8.94 million shares of the Geovax Labs Inc (NASDAQ:GOVX) were traded, and its beta was 2.92. Most recently the company’s share price was $6.39, and it changed around -$0.93 or -12.70% from the last close, which brings the market valuation of the company to $33.61M. GOVX currently trades at a discount to its 52-week high of $11.18, offering almost -74.96% off that amount. The share price’s 52-week low was $1.09, which indicates that the current value has risen by an impressive 82.94% since then. We note from Geovax Labs Inc’s average daily trading volume that its 10-day average is 23.77 million shares, with the 3-month average coming to 6.73 million.
Geovax Labs Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GOVX as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Geovax Labs Inc is expected to report earnings per share of -1.48 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Geovax Labs Inc (NASDAQ:GOVX) trade information
Instantly GOVX has showed a red trend with a performance of -12.70% 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 11.18 on recent trading dayincreased the stock’s daily price by 42.84%. The company’s shares are currently up 18.01% year-to-date, but still down -9.49% over the last five days. On the other hand, Geovax Labs Inc (NASDAQ:GOVX) is 147.67% up in the 30-day period. We can see from the shorts that 0.18 million shares have been sold at a short interest cover period of 0.16 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 20.13% from its current value. Analyst projections state that GOVX is forecast to be at a low of $8 and a high of $8.
Geovax Labs Inc (GOVX) estimates and forecasts
Geovax Labs Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 194.27 percent over the past six months and at a 64.31% annual growth rate that is well above the industry average of 18.30%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 69.20% in revenue this quarter, and will report an increase of 93.00% in the next quarter.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 1.22M in revenue for the current quarter. 3 analysts expect Geovax Labs Inc to make 1.22M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 92.12%.
GOVX Dividends
Geovax Labs Inc’s next quarterly earnings report is expected to be released on 2024-Nov-06.
Geovax Labs Inc (NASDAQ:GOVX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.62% of Geovax Labs Inc shares, and 8.88% of them are in the hands of institutional investors. The stock currently has a share float of 8.94%.
Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Mar 31, 2024 . The former held 19.24 shares worth $0.12 million, making up 0.37% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 10.61 shares worth around $67817.0, which represents about 0.20% of the total shares outstanding.
