Should You Sell Vaxart Inc (VXRT) And Go Away This Year?

Vaxart Inc (NASDAQ:VXRT) currently has a daily average trading volume of 4.40M but it saw 2939167 shares traded in last market. With a market cap of 210.77M USD, the company’s current market price of $0.93 came rising about 6.19 while comparing to the previous closing price of $0.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.54 and as low as $0.52. In the recent trading on the day, stock has struck highest price mark of $0.85 while lowest mark touched by it was $0.96.

Taking a look at 20-day trading activity of Vaxart Inc (VXRT) gives us an average price of $0.6872, while its current price level is -39.82% below from 52-week high level whereas it is 78.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6821 while that of 200 days or SMA-200 reads an average of $0.8425. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.39% during that period while stretching the period over a month that decreases to 10.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.30 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Oppenheimer which initiated the stock as “Outperform” in its note to investors issued on August 15, 2024, recommending a price target of $4 for it. Cantor Fitzgerald also issued its recommendations for the stock as it initiated the price target for the stock is $15.

Over the week, VXRT’s stock price is moving 56.67% up while it is 34.28% when we observe its performance for the past one month. Year-to-date it is 61.78% up and over the past year, the stock is showing an upside performance of 17.32%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.11 beat the consensus estimate of -0.18 for the same. The company is expected to be releasing its next quarterly report on 2024-Oct-31, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.47. In next quarter, company is expected to be making quarterly sales of $2.7M as analysts are expecting the sales for current fiscal year at $12.13M and seeing the company making $11.35M in sales next year. Moreover, analysts are in estimates of $840k for current-quarter revenue.

Currently, Vaxart Inc’s total number of outstanding shares is 227.44M with 0.87% of that held by the insiders while 17.91% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -77.53% and return on equity (ROE) at -91.66%. Stock’s beta reads 0.64. Stock has a price to book (P/B) ratio of 2.63 while price to sale or P/S ratio amounts to 15.13. Its return on asset (ROA) is -64.01% on average.