On 8/22/24, Geovax Labs Inc (NASDAQ: GOVX) stock suffered a major decline of -12.3%, closing at $7.32. Moreover, this decline was accompanied by unusually high trading volume at 177% of normal. The stock has risen 125.2% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
GOVX is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.
Geovax Labs has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Geovax Labs has a neutral Appreciation Score of 58 but a very low Power Rating of 10, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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