Novavax Stock Bearish Momentum With A 15% Drop In The Last 5 Sessions

(VIANEWS) – Shares of Novavax (NASDAQ: NVAX) dropped by a staggering 15.18% in 5 sessions from $9.62 at -15.18, to $8.16 at 20:21 EST on Monday, after four successive sessions in a row of losses. NASDAQ is jumping 0.93% to $14,244.95, following the last session’s upward trend.

Novavax’s last close was $8.16, 87.35% below its 52-week high of $64.50.

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 $-13.61.

Yearly Top and Bottom Value

Novavax’s stock is valued at $8.16 at 20:21 EST, way under its 52-week high of $64.50 and way above its 52-week low of $5.61.

Moving Average

Novavax’s worth is higher than its 50-day moving average of $7.79 and way under its 200-day moving average of $11.61.

Volume

Today’s last reported volume for Novavax is 4307951 which is 39.24% below its average volume of 6252370.

More news about Novavax (NVAX).

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