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Novavax, Inc.: Navigating Market Fluctuations with a 691.35M Market Cap

Novavax, Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $11.36 on 05/09/23, while the lowest price for the same duration was marked at $3.53 on 02/05/24.

52-week price history of NVAX Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Novavax, Inc.’s current trading price is -56.51% away from its 52-week high, while its distance from the 52-week low is 39.85%. The stock’s price range during this period has spanned from $3.53 to $11.36. In the Healthcare sector, the Novavax, Inc.’s shares surpassed a trading volume of approximately 4.01 million for the day, which was noticeably lower compared to the average daily volume of 9.9.12 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Novavax, Inc. (NVAX) has experienced a quarterly decline of -8.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 691.35M and boasts a workforce of 1543 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.17, with a change in price of -1.31. Similarly, Novavax, Inc. recorded 8,174,088 in trading volume during the last 100 days, posting a change of -20.96%.

NVAX Stock Stochastic Average

Today, Novavax, Inc.’s raw stochastic average for the past 50 days stands at 55.91%, indicating a rise from the raw stochastic average of the last 20 days, which was 47.89%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 56.49% and 57.58% respectively.

NVAX Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 2.92% this year. Over the last six months, there has been a stronger performance of -33.33%. The price of NVAX fallen by 18.75% during the last 30 days period. For the last 5-days stocks have slided -2.37%.