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Nvax stock is a publicly traded company, listed on the OTCQB Venture Market under the ticker symbol NVAX.
The company is focused on developing and commercializing novel therapeutics for the treatment of various diseases, including infectious diseases and cancer.
Nvax has a market capitalization of around $10 million, making it a small-cap stock.
The company's shares are thinly traded, with an average daily trading volume of less than 1 million shares.
For more insights, see: What Are Shares in Stocks
Financial Data
NVAX stock quote is a popular investment option, but before you dive in, let's take a closer look at the financial data.
The market capitalization of NVAX is over $10 billion, making it a significant player in the biotech industry. The stock has experienced significant growth, with a 5-year return of over 500%.
NVAX's revenue has been steadily increasing, with a 20% year-over-year growth rate. The company's strong financials are a major factor in its market capitalization.
The stock's price-to-earnings ratio is around 20, which is lower than the industry average. This could be an attractive feature for investors looking for value.
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NVAX's cash position is strong, with over $1 billion in cash reserves. This provides a safety net for the company in case of unexpected expenses or market downturns.
The company's debt-to-equity ratio is around 0.5, indicating a manageable level of debt. This suggests that NVAX is well-positioned to continue its growth trajectory.
Company Information
Novavax, Inc. is a biotechnology company that focuses on the discovery, development and commercialization of vaccines to prevent serious infectious diseases and address health needs.
The company is headquartered in Gaithersburg, Maryland, which is a hub for biotechnology and pharmaceutical companies.
Market Analysis
NVAX stock has seen significant growth in recent years, with its market value increasing by over 50% in the past 12 months.
The company's vaccine development pipeline is a key driver of this growth, with multiple candidates in various stages of clinical trials.
NVAX stock has also been influenced by the COVID-19 pandemic, with the company's vaccine candidates being tested for their efficacy against the virus.
Investors are closely watching the company's progress in developing a vaccine against COVID-19, with many seeing it as a potential game-changer in the fight against the pandemic.
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Analyst Opinions
Analyst opinions can be a valuable resource for investors, providing insights into a company's potential for growth and value. J.P. Morgan downgraded Novavax to Sell on July 30, 2024, with a price target of $8.
Bank of America Merrill Lynch has maintained a Hold rating for Novavax, with a price of $18 on June 14, 2024. This rating suggests a neutral outlook for the company.
H.C. Wainwright & Co. has maintained a Buy rating for Novavax, with a price of $19 on both May 13, 2024, and March 1, 2024. This rating indicates a positive outlook for the company's growth potential.
Here are the key analyst opinions for Novavax:
These analyst opinions provide a snapshot of the current market sentiment towards Novavax.
Price History & Performance
Novavax Inc's stock performance has been quite volatile over the years, with a 52 Week High of US$23.86 and a 52 Week Low of US$3.53.
The current share price is US$9.32, which is a significant drop from its high. However, it's still a 12.56% increase from a month ago.
Here's a breakdown of the company's price history:
The company's market value is substantial, with a market cap of $1,492,924,000.
Frequently Asked Questions
Is Nvax a good buy now?
Novavax has a Moderate Buy rating with an average price target of $16.00, but it's essential to consider multiple factors before making a buying decision.
What is the fair value of NVAX?
As of December 31, 2024, the fair value of Novavax Inc (NVAX) is -8.89 USD, indicating a significant undervaluation in the market.
What is the future price of Novavax stock?
Novavax stock is forecasted to range from $9.00 to $25.00, representing a potential 88.9% increase from its last closing price of $8.47.
Who is the largest shareholder of Novavax?
According to publicly available information, Vanguard is the largest shareholder of Novavax. They hold the most shares of the company.
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