Economy

Where Technical Charts Stands for Novavax, Inc. (NVAX)

Where Technical Charts Stands for Novavax, Inc. (NVAX)

Chardan Capital's target price would indicate a potential upside of 48.51% from the company's current price.

A number of other large investors have also recently modified their holdings of NVAX. Cantor Fitzgerald restated a "hold" rating and set a $2.00 price target on shares of Novavax in a research note on Friday, July 21st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Piper Jaffray Companies reissued a "hold" rating and issued a $1.50 target price on shares of Novavax in a report on Wednesday, July 26th. The company now has an average rating of "Hold" and a consensus target price of $5.24.

Novavax (NASDAQ:NVAX) traded up 1.05% during midday trading on Friday, reaching $1.00.

Novavax Inc (NASDAQ:NVAX) 52-week high price stands at $8.49 and low price stands at $0.73, its price distance from 52-week high is -88.1% while its distance from 52-week low price is 38.36%. The stock price recently experienced a 5-day gain of 5.62% with 0.04 average true range (ATR). The firm's stock has a market capitalization of $291.77 mln.

Novavax (NASDAQ:NVAX) last issued its quarterly earnings results on Tuesday, August 8th. However a year ago for the same quarter the company has reported $-0.24 EPS. Novavax had a negative net margin of 1,006.00% and a negative return on equity of 787.38%.

More news: Under Armour's Kevin Plank Exits President Trump's American Manufacturing Council
More news: Libraries to host viewings of rare eclipse
More news: Beyond bluster, United States and North Korea in regular contact

Novavax Inc (NASDAQ:NVAX) has average revenue estimates of $6.82 Million, compared to low analyst estimates of $6 Million and high estimates of $8 Million for the current quarter. That represents a quarterly year/year change in revenues of 1.68 in sequential terms, the NVAX saw sales decline by 0.18. Equities analysts anticipate that Novavax, Inc. will post ($0.61) earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This report was reported by Week Herald and is the property of of Week Herald. If you are viewing this report on another domain, it was illegally copied and reposted in violation of USA & global trademark & copyright legislation. The legal version of this piece of content can be viewed at https://baseballnewssource.com/markets/novavax-inc-nvax-upgraded-at-zacks-investment-research/1512147.html.

The volume of the particular stock is the shares bought and sold in a single trading day. Raymond James Financial Services Advisors Inc. increased its stake in shares of Novavax by 49.8% in the second quarter. State Street Corp now owns 19,971,040 shares of the biopharmaceutical company's stock worth $25,163,000 after buying an additional 9,947,481 shares during the period. NY now owns 203,996 shares of the biopharmaceutical company's stock valued at $257,000 after buying an additional 5,704 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Novavax during the first quarter valued at $157,000. Creative Planning now owns 472,198 shares of the biopharmaceutical company's stock worth $543,000 after buying an additional 148,139 shares during the period. Finally, HighTower Advisors LLC raised its stake in shares of Novavax by 3.8% in the first quarter. The Manufacturers Life Insurance Company now owns 232,406 shares of the biopharmaceutical company's stock worth $267,000 after buying an additional 14,114 shares during the last quarter. Creative Planning raised its stake in shares of Novavax by 45.7% in the second quarter. GSA Capital Partners LLP now owns 1,690,153 shares of the biopharmaceutical company's stock worth $1,944,000 after buying an additional 471,347 shares during the last quarter.

This company has been competing with others in the Healthcare space and offers its own combination of interesting factors Novavax, Inc.


  • Top General Says US Capable Of Protecting Territories, South Korea

    Top General Says US Capable Of Protecting Territories, South Korea

    He added that there is no change in Guam's threat assessment, and that the island is operating as usual. State media reported that leader Kim Jong Un was watching US moves before deciding to order the test.
    Deterring Pyongyang: US Open to More Powerful South Korean Missiles

    Deterring Pyongyang: US Open to More Powerful South Korean Missiles

    Lobbing missiles toward Guam, a major USA military hub in the Pacific, would be deeply provocative from the US perspective. The North's latest report said Kim ordered his military to be prepared to launch the missiles toward Guam at any time.
    Spanish police confirm five suspects dead in alleged terror attack

    Spanish police confirm five suspects dead in alleged terror attack

    Several members of security forces looked at a auto used by attackers in the coastal city of Cambrils, northeastern Spain. While the Catalonian police chief would not name the people arrested, he said that their ages ranged between 21 and 34.
  • Canadian Natural Resources Limited (CNQ) Given Consensus Rating of "Buy" by Brokerages

    Looking at some alternate time periods, the 12 month price index is 0.71421, the 24 month is 1.01852, and the 36 month is 0.64393. Loudon Investment Management LLC's holdings in Pioneer Natural Resources were worth $621,000 as of its most recent SEC filing.
    Seahawks George Fant out for season with torn ACL

    Seahawks George Fant out for season with torn ACL

    Offensive left tackle Riley Reiff (back) and left guard Alex Boone (knee) did not suit up against Seattle at CenturyLink Field. Coach Pete Carroll knelt by Fant's side and held his hand as trainers applied an air cast to his leg.
    Eight people stabbed in Siberian city of Surgut

    Eight people stabbed in Siberian city of Surgut

    According to state news agency RIA Novosti, at least two among those who were attacked are in "critical condition". It has a population of over 360,000 and remains a major center for oil and gas production in Russian Federation .
  • Doubts over alliance laid to rest in Japan-US talks

    Doubts over alliance laid to rest in Japan-US talks

    Bannon, Trump's strategic advisor, told a magazine that there was no military solution to the North Korea problem. North Korea has fired 18 missiles during 12 tests since February, improving its technology with each launch.
    Trump Praises Kim Jong Un's 'Wise Decision': Read

    Trump Praises Kim Jong Un's 'Wise Decision': Read

    Japan conducted air manoeuvers with U.S. bombers southwest of the Korean peninsula on Wednesday involving two U.S. Bannon also called for a tougher US stance on trade with China , saying the two powers were in an "economic war".
    Donald Trump tells Guam Governor you are safe

    Donald Trump tells Guam Governor you are safe

    He also spoke by phone with China's president, whom the Trump administration considers critical to the diffusion of the crisis. The U.S. island territory in the western Pacific Ocean is ringed by beaches, studded with palm trees and packed with bombs.
  • Solar Eclipse 2017: Here's How It Might Affect Animals And Pregnant Women

    Solar Eclipse 2017: Here's How It Might Affect Animals And Pregnant Women

    But if you are exposed to too much light, those chemical reactions are pushed to the limit and the retina gets a chemical burn. Along the path of totality , the moon will completely block out the sun, turning day to twilight for almost three minutes.
    Hackers take over HBO social media accounts

    Hackers take over HBO social media accounts

    Three of the accused are current employees of Prime Focus Technology, while one is a former employee. The hackers leaked unaired GoT episodes, as well as thousands of internal HBO documents.
    Moon says North Korea crisis must end peacefully

    Moon says North Korea crisis must end peacefully

    CBN News has learned North Korea could be close to developing an even more powerful weapon than the nukes it has already built. Top Chinese general Fan Changlong said on Thursday that talks are the only effective way to resolve the North Korean issue.