The trading price of GeoVax Labs Inc. (NASDAQ:GOVX) closed higher on Tuesday, June 21, closing at $1.25, 5.04% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $1.1709 and $1.34. In examining the 52-week price action we see that the stock hit a 52-week high of $7.50 and a 52-week low of $0.55. Over the past month, the stock has gained 71.02% in value.
GeoVax Labs Inc., whose market valuation is $11.97 million at the time of this writing, is expected to release its quarterly earnings report Mar 21, 2022 – Mar 25, 2022. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -$0.32 per share this quarter, however they have predicted annual earnings per share of -$0.95 for 2022 and -$0.86 for 2023. It means analysts are expecting annual earnings per share growth of 68.80% this year and 9.50% next year.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of GeoVax Labs Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest GOVX has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that GOVX’s price is currently -26.86% off the SMA20 and 4.53% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.93, and weekly volatility stands at 21.78%. When measured over the past 30 days, the indicator reaches 31.60%. GeoVax Labs Inc. (NASDAQ:GOVX)’s beta value is currently sitting at 1.80, while the Average True Range indicator is currently displaying 0.35.
To see how GeoVax Labs Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: GOVX stock’s performance was 5.04% in the latest trading, and -76.19% in the past year. Also in last trading session, the S&P 500 Index has surged 2.45%, while the Dow Jones Industrial also saw a positive session, up 2.15% on the day.
An evaluation of the daily trading volume of GeoVax Labs Inc. (NASDAQ:GOVX) indicates that the 3-month average is 9.62 million.
Currently, records show that 7.11 million of the company’s shares remain outstanding. The insiders hold 0.20% of outstanding shares, whereas institutions hold 11.00%. However, since the stock’s price has seen -65.47% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.