Novavax Inc (NASDAQ: NVAX) stock closed at $13.61 on 9/13/24 after a major increase of 14.2%. Moreover, unusually high trading volume at 183% of normal accompanied the advance. The stock has risen 13.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
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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