|Bid||0.7110 x 1300|
|Ask||0.7400 x 1200|
|Day's range||0.7105 - 0.7400|
|52-week range||0.5600 - 2.3500|
|Beta (5Y monthly)||0.64|
|PE ratio (TTM)||N/A|
|Earnings date||06 Nov 2023 - 10 Nov 2023|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Nov 2012|
|1y target est||4.50|
After losing some value lately, a hammer chart pattern has been formed for VAXART, INC. (VXRT), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
VAXART, INC. (VXRT) delivered earnings and revenue surprises of 15.79% and 1,258%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Right now, Novavax (NASDAQ: NVAX) and Vaxart (NASDAQ: VXRT) are in this situation. Both were favorites in the early days of the coronavirus vaccine race. Novavax shares soared more than 2,700% back in 2020.