Could Geovax Labs Inc (GOVX) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, Geovax Labs Inc (NASDAQ:GOVX) shares traded at $3.55, up 76.18% from the previous session.

GOVX stock price is now 113.09% away from the 50-day moving average and -17.01% away from the 200-day moving average. The market capitalization of the company currently stands at $8.98M.

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With the price target of $8, Maxim Group recently initiated with Buy rating for Geovax Labs Inc (NASDAQ: GOVX).

In other news, DODD DAVID A, President, CEO bought 8,209 shares of the company’s stock on Feb 22 ’24. The stock was bought for $18,663 at an average price of $2.27. Upon completion of the transaction, the President, CEO now directly owns 18,661 shares in the company, valued at $66246.55. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 21 ’24, President, CEO DODD DAVID A bought 520 shares of the business’s stock. A total of $1,118 was incurred on buying the stock at an average price of $2.15. This leaves the insider owning 10,452 shares of the company worth $37104.6. A total of 1.45% of the company’s stock is owned by insiders.

During the past 12 months, Geovax Labs Inc has had a low of $1.09 and a high of $10.24. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.87, and a quick ratio of 0.87. The fifty day moving average price for GOVX is $1.70636 and a two-hundred day moving average price translates $4.25369 for the stock.

The latest earnings results from Geovax Labs Inc (NASDAQ: GOVX) was released for 2024-03-31.

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