Vaccinex, Inc. (VCNX) Stock: Here’s Why It’s Falling In Value

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Vaccinex, Inc. (VCNX) is falling in the market today. The stock, focused in the biotech sector, is presently priced at $6.99 after tumbling 9.05% so far today. As it relates to biotech companies, there are quite a few aspects that have the potential to generate declines in the market. News is one of the most common reasons for movement. Here are the recent stories surrounding VCNX:

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May-15-19 08:10AM Vaccinex Announces Poster Presentations at the 2019 ASCO Annual Meeting
08:05AM Vaccinex Reports First Quarter 2019 Financial Results and Provides Corporate Update
Apr-09-19 08:30AM Vaccinex, Inc. Summary of Key Data Presented at the 2019 Annual Meeting of the American Association for Cancer Research (AACR)
Apr-01-19 08:00AM Vaccinex, Inc. to Provide Clinical Data on Posters Presented at the 2019 Annual Meeting of the American Association for Cancer Research (AACR)
Mar-13-19 08:30AM Vaccinex, Inc. to Present at the Oppenheimer & Co. 29th Annual Healthcare Conference on March 19, 2019

Nonetheless, when making a decision with regard to investing, investors should take a look at much more than just news, especially in the generally speculative biotechnology industry. Here’s what’s happening with Vaccinex, Inc..

Recent Movement Out of VCNX

Although a move toward the top in a single session, like the fall that we’re seeing from Vaccinex, Inc. may make some investors fearful, that by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always important to look at trends experienced by the stock just a single trading session. As it relates to VCNX, here are the trends that investors have experienced:

  • Weekly – In the past five trading sessions, VCNX has produced a change in price in the amount of -15.32%.
  • Monthly – The monthly performance from Vaccinex, Inc. comes to 0.94%.
  • Past Quarter – Over the past 3 months, the stock has generated a ROI that comes to 33.26%
  • Bi-Annually – Over the previous 6 months, we have seen a performance that equates to 3.39% from the stock.
  • This Year So Far – Since the close of last year VCNX has resulted in a return of 75.87%.
  • Annually – Finally, in the past full year, we have seen movement that works out to 0 from VCNX. In this period, the stock has sold at a high price of -41.75% and a low price of 110.54%.

Ratios That Are Notable

Digging into a few ratios having to do with a stock can give prospective traders an understanding of just how risky and/or rewarding a stock pick may be. Below are a few of the key ratios to think about when looking at VCNX.

Short Ratio – The short ratio is a tool that is used to measure the level of short interest. The higher this ratio, the more investors have a belief that the value of the stock is going to go down. In general, biotech stocks tend to have a higher short ratio. On the other hand, we also tend to see a lot of short squeezes in the sector. Nonetheless, in regard to Vaccinex, Inc., the stock’s short ratio clocks in at 0.29.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Essentially, they measure whether or not a company can cover its debts when they come due with only quick assets or current assets. In the biotech industry, companies rely on the continuation of support from investors, the quick and current ratios can be upsetting. However, some good picks in the biotechnology space come with strong current and quick ratios. As far as VCNX, the quick and current ratios total up to 1.80 and 1.80 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the price of shares. In this particular case, the book to share value ratio comes in at -1.54.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. Many clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re interested in a biotech stock, this is an important ratio to think about. In this case, the cash to share value is 0.92.

What Analysts Say About Vaccinex, Inc.

While it’s rarely a smart idea to blindly follow the opinions of analysts, it is a good idea to consider their analysis when validating your own when it comes to making investment decisions in the biotech space. Below are the recent moves that we have seen from analysts with regard to VCNX.

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Sep-04-18 Initiated Ladenburg Thalmann Buy $22

Is Big Money Interested In Vaccinex, 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 VCNX, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutions own 1.60% of Vaccinex, Inc.. Nonetheless, it’s important to consider that institutional ownership has changed in the amount of -23.88% throughout the last quarter.
  • Investors On The Inside – When it comes to insiders, those close to the company currently hold 5.60% of the company. Their ownership of the company has moved 0 throughout the last quarter.

A Look At Share Counts

Traders and investors seem to be interested in the counts of shares both available and outstanding. As it relates to Vaccinex, Inc., currently there are 12.15M and there is a float of 1.48M. These numbers mean that of the total of 12.15M shares of VCNX that are out there today, 1.48M are able to trade hands in the public space.

I also find it important to dig into the short float. After all, when a large portion of the float is shorted, the overall feeling in the market is that the stock is going to fall hard. As far as VCNX, the percentage of the float that is shorted currently sits at 0.29%. In general, high short percent of the float would be anything over 40%. In my research, I have found that any short ratio over 26% is probably going to be a risky play.

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-1.95. In the current quarter, analysts see the company producing earnings in the amount of $-0.61. Over the last 5 years, VCNX has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -15.30% and revenue has seen movement of -50.00%.

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