Vaxart Inc (NASDAQ:VXRT) shares, rose in value on Tuesday, December 31, with the stock price down by -3.68% to the previous day’s close as strong demand from buyers drove the stock to $0.66.
Actively observing the price movement in the last trading, the stock closed the session at $0.69, falling within a range of $0.6364 and $0.7073. The value of beta (5-year monthly) was 0.703. Referring to stock’s 52-week performance, its high was $1.54, and the low was $0.52. On the whole, VXRT has fluctuated by 9.95% over the past month.
With the market capitalization of Vaxart Inc currently standing at about $145.07 million, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Wall Street analysts also predicted that the company’s y-o-y revenues would reach 15.68M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VXRT’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of VXRT currently trading nearly 7.66% and -0.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.68, while the 7-day volatility ratio is showing 13.79% which for the 30-day chart, stands at 9.72%. Furthermore, Vaxart Inc (VXRT)’s beta value is 0.61, and its average true range (ATR) is 0.06.
A comparison of Vaxart Inc (VXRT) with its peers suggests the former has fared considerably weaker in the market. VXRT showed an intraday change of -3.68% in last session, and over the past year, it grew by 15.59%%.
Data on historical trading for Vaxart Inc (NASDAQ:VXRT) indicates that the trading volumes over the past 10 days have averaged 2.39 and over the past 3 months, they’ve averaged 1.44 million. According to company’s latest data on outstanding shares, there are 227.48 million shares outstanding.
Nearly 0.89% of Vaxart Inc’s shares belong to company insiders and institutional investors own 23.26% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.27 million shares as on 2024-10-31, resulting in a short ratio of 11.71. According to the data, the short interest in Vaxart Inc (VXRT) stood at 500.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 12.07 million. The stock has risen by 15.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VXRT stock heading into the next quarter.
