Novavax Inc (NASDAQ: NVAX) has benefited from exceptional positive changes in investment behavior: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.
The stock is currently unrated.
Current PriceTarget Research Rating
NVAX’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a major Value Eraser.
Novavax is currently unrated.
Recent Price Action
On 5/14/24, Novavax Inc (NASDAQ: NVAX) stock enjoyed a large increase of 2.8%, closing at $13.48. Moreover, this advance was accompanied by exceptionally high trading volume at 502% of normal. The stock has risen 183.2% during the last week but has been extremely weak relative to the market over the last nine months.
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