In today’s recent session, 0.74 million shares of the Geovax Labs Inc (NASDAQ:GOVX) have been traded, and its beta is 3.22. Most recently the company’s share price was $2.77, and it changed around $0.34 or 13.99% from the last close, which brings the market valuation of the company to $24.34M. GOVX at last check was trading at a discount to its 52-week high of $11.18, offering almost -303.61% off that amount. The share price’s 52-week low was $1.09, which indicates that the recent value has risen by an impressive 60.65% since then. We note from Geovax Labs Inc’s average daily trading volume that its 10-day average is 6.06 million shares, with the 3-month average coming to 5.00 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 6 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended GOVX as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Geovax Labs Inc is expected to report earnings per share of -0.92 for the current quarter.
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Geovax Labs Inc (NASDAQ:GOVX) trade information
Instantly GOVX has been showing a green trend so far today with a performance of 13.99% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.88 on recent trading dayincreased the stock’s daily price by 28.61%. The company’s shares are currently down -48.85% year-to-date, but still down -11.78% over the last five days. On the other hand, Geovax Labs Inc (NASDAQ:GOVX) is 30.66% up in the 30-day period. We can see from the shorts that 0.3 million shares have been sold at a short interest cover period of 0.35 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 65.38% 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 69.94 percent over the past six months and at a 68.58% annual growth rate that is well above the industry average of 17.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 76.75% in revenue this quarter, and will report an increase of 80.36% in the next quarter.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 1.76M in revenue for the current quarter. 2 analysts expect Geovax Labs Inc to make 2.9M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at ∞%.
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-12.
Geovax Labs Inc (NASDAQ:GOVX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.52% of Geovax Labs Inc shares, and 10.83% of them are in the hands of institutional investors. The stock currently has a share float of 10.88%.
