At the time of writing, Geovax Labs Inc [GOVX] stock is trading at $2.17, up 16.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GOVX shares have gain 23.30% over the last week, with a monthly amount drifted -21.94%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Geovax Labs Inc [NASDAQ: GOVX] stock has seen the most recent analyst activity on July 16, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $20. Previously, Maxim Group started tracking the stock with Buy rating on November 19, 2020, and set its price target to $8.
For the past year, the stock price of Geovax Labs Inc fluctuated between $1.09 and $9.75. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Geovax Labs Inc [NASDAQ: GOVX] shares were valued at $2.17 at the most recent close of the market. An investor can expect a potential return of 268.66% based on the average GOVX price forecast.
Analyzing the GOVX fundamentals
Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at -67.32%, Pretax Profit Margin comes in at -66.53%, and Net Profit Margin reading is -66.53%. To continue investigating profitability, this company’s Return on Assets is posted at -6.57, Equity is -8.53 and Total Capital is 11.8. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9400 points at the first support level, and at 1.7000 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.3200, and for the 2nd resistance point, it is at 2.4600.
Ratios To Look Out For
It is important to note that Geovax Labs Inc [NASDAQ:GOVX] has a current ratio of 0.60. As well, the Quick Ratio is 0.60, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 38.05.
Transactions by insiders
Recent insider trading involved DODD DAVID A, President, CEO, that happened on Aug 09 ’24 when 8000.0 shares were purchased. President, CEO, DODD DAVID A completed a deal on Feb 22 ’24 to buy 8209.0 shares. Meanwhile, President, CEO DODD DAVID A bought 520.0 shares on Feb 21 ’24.
