Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Novavax, Inc.’s current trading price is -59.33% away from its 52-week high, while its distance from the 52-week low is 30.79%. The stock’s price range over this period has fluctuated between $3.53 and $11.36. The company, operating within the financial sector, had a trading volume of approximately 2.52 million for the day, which was noticeably lower than the average daily share volume of 6.91 million over the last 3 months.
Novavax, Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $11.36 on 05/09/23, while the lowest value for the same period was recorded at $3.53 on 02/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Novavax, Inc. (NVAX) has experienced a quarterly rise of 17.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 648.65M and boasts a workforce of 1543 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.61, with a change in price of -0.72. Similarly, Novavax, Inc. recorded 7,492,341 in trading volume during the last 100 days, posting a change of -13.56%.
NVAX Stock Stochastic Average
Today, Novavax, Inc.’s raw stochastic average for the past 50 days stands at 34.82%, indicating a decline from the raw stochastic average of the last 20 days, which was 63.16%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 79.73% and 87.00% respectively.
NVAX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -3.75% this year. Over the last six months, there has been a stronger performance of -34.56%. The price of NVAX fallen by 4.29% during the last 30 days period. For the last 5-days stocks have improved 6.70%.
