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Less Than Five Hours Before The Market Open, Novavax Is Up By 5%

Less Than Five Hours Before The Market Open, Novavax Is Up By 5%
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(VIANEWS) - The NASDAQ opens in less than five hours and Novavax's pre-market value is already 5.79% up.

Novavax's last close was $8.46, 89.1% under its 52-week high of $77.65.

The last session, NASDAQ finished with Novavax (NVAX) rising 11.46% to $8.46. NASDAQ rose 0.76% to $12,087.96, following the last session's upward trend on what was a somewhat bullish trend trading session.

About Novavax

Novavax, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs. The company's vaccine candidates include NVX-CoV2373, a coronavirus vaccine candidate that is in two Phase III trials, one Phase IIb trial, and one Phase I/II trial; NanoFlu, a nanoparticle seasonal quadrivalent influenza vaccine candidate that is in Phase 3 clinical trial; and ResVax, a respiratory syncytial virus (RSV) fusion (F) protein nanoparticle vaccine candidate. It is also developing RSV F vaccine that is in Phase II clinical trial for older adults (60 years and older), as well as that is in Phase I clinical trial for pediatrics. It has a collaboration agreement with Takeda Pharmaceutical Company Limited for the development, manufacturing, and commercialization of NVX-CoV2373, a COVID-19 vaccine candidate. Novavax, Inc. was incorporated in 1987 and is headquartered in Gaithersburg, Maryland.

Earnings Per Share

As for profitability, Novavax has a trailing twelve months EPS of $-7.27.

Moving Average

Novavax's worth is under its 50-day moving average of $8.59 and way below its 200-day moving average of $24.87.

Revenue Growth

Year-on-year quarterly revenue growth grew by 310.7%, now sitting on 1.85B for the twelve trailing months.

More news about Novavax (NVAX).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.