Alert: Positive Investment Signals (5/14/24)-Novavax Inc (NASDAQ: NVAX)

out_logo_500#25196.jpg

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.

out_mm#25196.jpg

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*