Novavax Inc (NASDAQ: NVAX) stock enjoyed a major increase of 15.3% on 7/15/24. The shares closed at $15.12. However, unusually low trading volume at 59% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 27.1% during the last week.
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.
Rating Review
The stock is currently unrated.
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