GeoVax Labs Inc. [NASDAQ: GOVX] gained 15.38% on the last trading session, reaching $5.55 price per share at the time. The company report on March 10, 2021 that GeoVax to Participate in Maxim Group’s Inaugural Emerging Growth Virtual Conference.
GeoVax Chairman & CEO David Dodd to Present Corporate Overview.
GeoVax CSO, Mark Newman, PhD, to Participate in Immuno-Oncology Panel Discussion.
GeoVax Labs Inc. represents 6.04 million in outstanding shares, while the company has a total market value of $31.14 million with the latest information. GOVX stock price has been found in the range of $5.10 to $5.72.
If compared to the average trading volume of 1.98M shares, GOVX reached a trading volume of 1524353 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about GeoVax Labs Inc. [GOVX]:
Maxim Group have made an estimate for GeoVax Labs Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 19, 2020.
The Average True Range (ATR) for GeoVax Labs Inc. is set at 0.83, with the Price to Sales ratio for GOVX stock in the period of the last 12 months amounting to 17.30. The Price to Book ratio for the last quarter was 0.40, with the Price to Cash per share for the same quarter was set at 2.07.
Trading performance analysis for GOVX stock
GeoVax Labs Inc. [GOVX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 37.38. With this latest performance, GOVX shares dropped by -16.16% in over the last four-week period, additionally sinking by -22.92% over the last 6 months – not to mention a drop of -7.50% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GOVX stock in for the last two-week period is set at 52.25, with the RSI for the last a single of trading hit 54.92, and the three-weeks RSI is set at 52.03 for GeoVax Labs Inc. [GOVX]. The present Moving Average for the last 50 days of trading for this stock 5.15, while it was recorded at 4.81 for the last single week of trading, and 6.52 for the last 200 days.
GeoVax Labs Inc. [GOVX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and GeoVax Labs Inc. [GOVX] shares currently have an operating margin of -201.76. GeoVax Labs Inc.’s Net Margin is presently recorded at -201.60.
Reflecting on the efficiency of the workforce at the company, GeoVax Labs Inc. [GOVX] managed to generate an average of -$395,105 per employee. Receivables Turnover for the company is 12.35 with a Total Asset Turnover recorded at a value of 2.12.GeoVax Labs Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 12.70 and a Current Ratio set at 12.70.
An analysis of insider ownership at GeoVax Labs Inc. [GOVX]
There are presently around $1 million, or 8.30% of GOVX stock, in the hands of institutional investors. The top three institutional holders of GOVX stocks are: SABBY MANAGEMENT, LLC with ownership of 56,380, which is approximately -76.572% of the company’s market cap and around 4.10% of the total institutional ownership; WELCH & FORBES LLC, holding 27,994 shares of the stock with an approximate value of $0.15 million in GOVX stocks shares; and VANGUARD GROUP INC, currently with $0.12 million in GOVX stock with ownership of nearly New of the company’s market capitalization.
Positions in GeoVax Labs Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 10 institutional holders increased their position in GeoVax Labs Inc. [NASDAQ:GOVX] by around 91,455 shares. Additionally, 3 investors decreased positions by around 314,738 shares, while 0 investors held positions by with 257,508 shares. The mentioned changes placed institutional holdings at 148,685 shares, according to the latest SEC report filing. GOVX stock had 9 new institutional investments in for a total of 88,705 shares, while 2 institutional investors sold positions of 130,464 shares during the same period.