(VIANEWS) – Shares of Novavax (NASDAQ: NVAX) slid 9.58% to $7.27 at 11:09 EST on Tuesday, following the last session’s downward trend. NASDAQ is falling 0.31% to $13,647.30, following the last session’s downward trend. This seems, up until now, a somewhat bearish trend trading session today.
Novavax’s last close was $8.04, 89.53% under its 52-week high of $76.77.
About Novavax
Novavax, Inc., a biotechnology company, that promotes improved health by discovering, developing, and commercializing vaccines to protect against serious infectious diseases. It offers vaccine platform that combines a recombinant protein approach, nanoparticle technology, and its patented Matrix-M adjuvant to enhance the immune response. It focuses on urgent health challenges, which is evaluating vaccines for COVID-19, influenza, and COVID-19 and influenza combined. The company is commercializing a COVID-19 vaccine, NVX-CoV2373 under the brand names of Nuvaxovid, Covovax, and Novavax COVID-19 Vaccine, Adjuvanted for adult and adolescent populations as a primary series and for both homologous and heterologous booster indications. It is also focusing on products candidates for respiratory syncytial virus and malaria. Novavax, Inc. was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.
Earnings Per Share
As for profitability, Novavax has a trailing twelve months EPS of $-14.45.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 79.8% and 81.9%, respectively.
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