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Home Breaking News

Evaxion Biotech AS NASDAQ EVAX Shares Available for Trading with Fluctuating Prices and High Volume

Elaine Mendonca by Elaine Mendonca
January 24, 2024
in Breaking News
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Biotechnology Stock Exchange
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On January 22, 2024, Evaxion Biotech A/S (NASDAQ: EVAX) shares were once again available for trading. The stock had closed at $4.99 and opened at $9.33. Throughout the day, the stock fluctuated between $8.35 and $13.55, with a considerable trading volume of 27,267. The market cap of the company stood at $40.371M.

Evaxion Biotech A/S is a pioneering biotech firm that specializes in the development of groundbreaking AI-Immunology™ powered vaccines. Their primary focus is on creating personalized and precision vaccine solutions. The trading of their American Depositary Shares (ADSs) represents ownership of ordinary shares in Evaxion Biotech A/S.

To learn more about Evaxion Biotech A/S and their innovative work, you can explore the following resources:

– Yahoo Finance
– Nasdaq
– Evaxion Biotech Investor Relations
– Investing.com

EVAX Stock Soars by 88.38% on January 24, 2024: Positive News and Potential Investment Opportunities

On January 24, 2024, EVAX stock saw a significant increase of $4.41, representing a rise of 88.38%. The stock opened at $9.33, $4.34 higher than its previous close, indicating a strong start to the trading day. EVAX was trading in the middle of its 52-week range, suggesting stability, but below its 200-day moving average, which may indicate a bearish sentiment. The price increase on January 24, 2024, suggests positive news or developments surrounding EVAX. Investors should conduct further research and analysis before making investment decisions.

EVAXs Stock Performances on January 24, 2024: Signs of Improvement in Net Income and EPS

EVAX, a company in the healthcare industry, has been making headlines with its stock performances on January 24, 2024. According to CNN Money, EVAX reported a net income of -$23.18 million over the past year, which is a significant loss. However, when compared to the previous year, the net income has actually increased by 5.35%. In the third quarter of the same year, the net income stood at -$5.65 million, representing a slight improvement from the previous quarter. The earnings per share (EPS) figures also provide valuable insights into the company’s financial performance. Over the past year, the EPS was recorded at -$9.81, which is a substantial loss per share. However, there has been a notable increase of 21.95% in EPS since the previous year. In the third quarter, the EPS was -$2.04, showing a positive growth of 2.66% compared to the previous quarter. These figures suggest that while EVAX has been experiencing losses, there are signs of improvement. The increase in net income and EPS, both on a yearly and quarterly basis, indicates that the company is making progress towards profitability. Investors and analysts would need more data to gain a complete understanding of EVAX’s stock performances on January 24, 2024. It is advisable to closely monitor the company’s future financial reports to track its progress and make informed investment decisions.

Tags: EVAX
Elaine Mendonca

Elaine Mendonca

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