Novavax, Inc. (NVAX) Stock: Seeing Declines In Today’s Session

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Novavax, Inc. (NVAX) is making a move down in the market today. The stock, one that is focused in the biotech space, is presently priced at $0.54 after heading down -13.44% so far today. In terms of biotechnology stocks, there are a number of aspects that have the ability to generate declines in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines surrounding NVAX:

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Mar-22-19 08:46AM Do Options Traders Know Something About Novavax (NVAX) Stock We Don’t?
Mar-21-19 05:19AM Edited Transcript of NVAX earnings conference call or presentation 18-Mar-19 8:30pm GMT
Mar-20-19 11:51AM Why Novavax Is Soaring Today
09:12AM Does Novavax Have a Viable Path Forward?
07:00AM What’s Next for Novavax?

Nonetheless, any time investors are making an investing decision, prospective investors should look into much more than news, this is especially the case in the generally speculative biotech sector. Here’s what’s going on with Novavax, Inc..

Trends That We’ve Seen From NVAX

Although a move down on a single session, like the move that we’re seeing from Novavax, Inc. might cause fear in some investors, a single session decline by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It is generally a good idea to take a look at trends experienced by the stock further out than a single trading day. As it relates to NVAX, here are the returns on investment that we’ve seen:

  • Past Seven Days – In the last five trading sessions, NVAX has seen a change in value in the amount of 17.92%.
  • Past 30 Days – The ROI from Novavax, Inc. throughout the past month has been -68.75%.
  • Quarterly – Over the past quarter, the stock has produced a return on investment of -71.06%
  • Bi-Annually – Throughout the past six months, we have seen a change that works out to -55.36% from the company.
  • YTD – Since the open of this year NVAX has generated a ROI of -66.03%.
  • Annually – Finally, throughout the last year, we’ve seen a change of -70.66% out of NVAX. Over this period, the stock has sold at a high price of -79.03% and a low price of 10.41%.

Rations That Traders Should Consider

Digging into various key ratios associated with a company can give traders an understanding of just how dangerous and/or rewarding a stock pick might be. Here are some of the most important ratios to look at when looking at NVAX.

Short Ratio – The short ratio is a measure of short interest. As the short ratio climbs, it shows that more investors believe that the price of the stock is headed for declines. In general, biotechnology stocks tend to come with a higher short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in regard to Novavax, Inc., it’s short ratio amounts to 4.81.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts as they mature with only current assets or quick assets. In the biotech sector, several companies rely heavily on the continuation of support from investors, the quick and current ratios can seem bad. Nonetheless, some good picks in the biotech space do have great quick and current ratios. In terms of NVAX, the quick and current ratios add up to 3.40 and 3.40 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In the case of Novavax, Inc., the book to share value ratio comes in at -0.33.

Cash To Share Value – The cash to share value comparison compares the amount of cash the company has on hand to the price of shares. Many clinical stage biotech companies struggle to keep cash on hand. So, if you’re looking into a stock in the biotechnology industry, this is an important ratio to look into. When it comes to NVAX, the cash to share value works out to 0.32.

What Analysts Say About Novavax, Inc.

While it’s never a good idea to blindly follow the opinions of analysts, it is a smart idea to use their thoughts when validating your own thoughts when it comes to making an investment decision in the biotechnology industry. Below you’ll find the most recent moves that we’ve seen from analysts with regard to NVAX.

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Feb-28-19 Downgrade Piper Jaffray Overweight → Underweight $4.50 → $0.25
Dec-18-18 Initiated Ladenburg Thalmann Buy $3
Dec-11-18 Initiated Oppenheimer Outperform $4
Nov-26-18 Upgrade Piper Jaffray Neutral → Overweight
Sep-21-18 Upgrade JP Morgan Underweight → Overweight

Is Big Money Interested In Novavax, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in NVAX, here’s what we’re seeing:

  • Institutions – At the moment, institutions hold 42.30% of the company. On the other hand, it’s worth noting that the ownership held by institutions has changed in the amount of 1.20% over the last 3 months.
  • Investors On The Inside – As far as insiders go, those close to the situation currently hold 1.16% of the company. Insider ownership of the company has changed by 0.00% throughout the past quarter.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 397.84M shares of Novavax, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NVAX has a float of 378.41M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NVAX, the short percent of the float is 20.93%.

Financial Performance

What have ween seen from NVAX in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – At the moment, Wall St. analysts have expectations that the company will create EPS that comes to -0.43, with -0.12 being reported in the earnings report for the current quarter. Although this isn’t tide to earnings, because we’re talking on the topic of analysts, NVAX is presently graded as a 2.30 when rated on a scale from 1 to 5 where 1 is the poorest possible Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – In the last 5 years, Novavax, Inc. has announced a change in sales that works out to be 7.10%. EPS over the past 5 years have seen movement in the amount of -23.70%.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is commonly explained in the world of humans, the company has seen a change in earnings that comes to a total of 22.50%. NVAX has also experienced a change when it comes to sales that totals -8.30%.

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I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings play an important part in my ability to learn. Sure, I can look through social media trends and other publicly available information, but I learn much faster when I have the help of a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Should I say something differently? Is there another way to look at data? If so, write a comment below and I will use it to serve you better!

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