Novavax Stock Over 10% Up At Session Start On Thursday

(VIANEWS) – Shares of Novavax (NASDAQ: NVAX) jumped by a staggering 10.15% to $12.37 at 10:44 EST on Thursday, after two sequential sessions in a row of gains. NASDAQ is jumping 1.95% to $12,046.50, after two successive sessions in a row of gains. This seems, so far, an all-around up trend exchanging session today.

Novavax’s last close was $11.23, 88.92% below its 52-week high of $101.39.

About Novavax

Novavax, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs. The company's vaccine candidates include NVX-CoV2373, a coronavirus vaccine candidate that is in two Phase III trials, one Phase IIb trial, and one Phase I/II trial; NanoFlu, a nanoparticle seasonal quadrivalent influenza vaccine candidate that is in Phase 3 clinical trial; and ResVax, a respiratory syncytial virus (RSV) fusion (F) protein nanoparticle vaccine candidate. It is also developing RSV F vaccine that is in Phase II clinical trial for older adults (60 years and older), as well as that is in Phase I clinical trial for pediatrics. It has a collaboration agreement with Takeda Pharmaceutical Company Limited for the development, manufacturing, and commercialization of NVX-CoV2373, a COVID-19 vaccine candidate. 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 $-7.27.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -898.2%.

Moving Average

Novavax’s worth is way under its 50-day moving average of $13.90 and way under its 200-day moving average of $34.23.

More news about Novavax (NVAX).

Leave a Reply

Your email address will not be published. Required fields are marked *