Vaxart (VXRT) Shares Down 21.6%
Vaxart Inc (NASDAQ:VXRT)’s share price dropped 21.6% on Monday . The company traded as low as $1.46 and last traded at $1.49. Approximately 1,504,871 shares traded hands during mid-day trading, an increase of 140% from the average daily volume of 626,058 shares. The stock had previously closed at $1.90.
The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.96 and a current ratio of 1.96.
Vaxart (NASDAQ:VXRT) last issued its earnings results on Wednesday, February 6th. The biotechnology company reported ($0.66) earnings per share for the quarter. The business had revenue of $1.77 million during the quarter. Vaxart had a negative net margin of 441.12% and a negative return on equity of 82.05%.
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About Vaxart (NASDAQ:VXRT)
Vaxart, Inc, a clinical-stage company, engages in the discovery and development of oral recombinant protein vaccines based on its proprietary oral vaccine platform. The company's product pipeline includes tablet vaccines that are designed to protect against norovirus, seasonal influenza, and respiratory syncytial virus.
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