Geovax Labs Inc (GOVX) stock expected to gain 171.19% in the coming months

At the time of writing, Geovax Labs Inc [GOVX] stock is trading at $2.95, up 9.26%. 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 21.40% over the last week, with a monthly amount glided 37.85%, and 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 November 11, 2024, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $15. Previously, ROTH MKM started tracking the stock with Buy rating on July 16, 2024, and set its price target to $20. On November 19, 2020, Maxim Group initiated with a Buy rating and assigned a price target of $8 on the stock.

For the past year, the stock price of Geovax Labs Inc fluctuated between $1.09 and $11.18. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Geovax Labs Inc [NASDAQ: GOVX] shares were valued at $2.95 at the most recent close of the market. An investor can expect a potential return of 171.19% based on the average GOVX price forecast.

Analyzing the GOVX fundamentals

Gross Profit Margin for this corporation currently stands at -0.35% with Operating Profit Margin at -7.67%, Pretax Profit Margin comes in at -7.61%, and Net Profit Margin reading is -7.61%. To continue investigating profitability, this company’s Return on Assets is posted at -2.19, Equity is -8.1 and Total Capital is -2.88.

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 2.74 points at the first support level, and at 2.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.11, and for the 2nd resistance point, it is at 3.26.

Ratios To Look Out For

It is important to note that Geovax Labs Inc [NASDAQ:GOVX] has a current ratio of 4.17. As well, the Quick Ratio is 4.17, while the Cash Ratio is 3.29. Considering the valuation of this stock, the price to sales ratio is 9.84, the price to book ratio is 2.99.

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.

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