GeoVax Labs Inc. (NASDAQ:GOVX – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 57,276 shares, a drop of 61.9% from the July 15th total of 150,485 shares. Based on an average daily trading volume, of 220,342 shares, the short-interest ratio is presently 0.3 days. Currently, 1.7% of the company’s shares are sold short.
GeoVax Labs Trading Down 1.1%
GOVX opened at $0.72 on Friday. The company has a market cap of $2.49 million, a price-to-earnings ratio of -0.06 and a beta of 3.73. The company’s fifty day moving average price is $1.05 and its two-hundred day moving average price is $1.54. GeoVax Labs has a 1-year low of $0.64 and a 1-year high of $20.00.
GeoVax Labs (NASDAQ:GOVX – Get Free Report) last issued its quarterly earnings data on Monday, July 27th. The company reported ($0.97) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.16) by $1.19. As a group, equities analysts forecast that GeoVax Labs will post -4.94 earnings per share for the current fiscal year.
Hedge Funds Weigh In On GeoVax Labs
Analyst Ratings Changes
Several brokerages have issued reports on GOVX. Weiss Ratings restated a “sell (e+)” rating on shares of GeoVax Labs in a research report on Friday, July 17th. Wall Street Zen raised shares of GeoVax Labs from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Finally, D. Boral Capital reaffirmed a “hold” rating on shares of GeoVax Labs in a research report on Thursday, April 16th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $150.00.
Get Our Latest Stock Report on GeoVax Labs
GeoVax Labs Company Profile
GeoVax Labs, Inc is a clinical-stage biotechnology company focused on the development of novel vaccines and immunotherapies against infectious diseases. Leveraging a proprietary Modified Vaccinia Ankara (MVA) viral vector platform, GeoVax aims to induce robust and durable immune responses by expressing virus-like particles (VLPs) in vaccinated individuals. The company’s pipeline encompasses vaccine candidates for HIV, Ebola, Lassa, Zika, MERS and emerging coronaviruses, reflecting a commitment to addressing high-priority global public health threats.
The cornerstone of GeoVax’s technology is its MVA-VLP platform, which combines the safety profile of a non-replicating poxvirus vector with the potent antigen presentation of VLPs.
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