NVAX | Novavax | Quick Take

In today's [NVAX | Novavax | Quick Take] video , we are going to take a closer look at a highly requested stock, NVAX. Last week, @RT asked us in the chat of part two's video to cover this company, so here we are. We will be doing a quick analysis of NVAX and discussing potential future due diligence. So, let's dive right in.

NVAX is a biotech company specializing in vaccine development. They recently reported some positive earnings and revenue, but the stock has taken a hit and is currently trending down. This downtrend is confirmed by the fact that NVAX has broken below its 200-day moving average. Additionally, the company is not profitable and is highly optionable.

When comparing to other biotech stocks, NVAX's fundamentals are not looking great. They have a low profitability rating and their Altman Z-score is negative, indicating a high risk of bankruptcy or offerings. This makes NVAX a risky stock to invest in, especially for short-term trading.

One of the potential catalysts for this stock is the recent decline in vaccine revenue reported by companies like Pfizer and Moderna. This, combined with the post-election focus on healthcare and biotech, could continue to negatively impact NVAX.

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CHAPTERS
00:00 - NVAX | Novavax
07:25 - BeachBum Trading Sites
08:13 - Discord Invite

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Please find and watch All of the videos wherein we briefly show you how we perform some of with our Due Diligence [DD] on some other individual Stocks / Symbols / Tickers, All for FREE, in our [Due Diligence] Playlist at https://www.youtube.com/playlist?list=PLH_4RiO370FM49UzlSB7YUiAozukKIO4A

TRADING TOOLS USED IN THIS VIDEO
️ ChartMill https://bit.ly/3By9g4X
️ FinViz https://bit.ly/3h7r8M3
️ Seeking Alpha https://seekingalpha.com
️ Webull – Get FREE stocks with Webull https://bit.ly/3jKfvw5

REFERENCES
NVAX - Novavax Inc - Home Page http://www.novavax.com/
Profile of Novavax Inc (NVAX) stock | ChartMill.com https://www.chartmill.com/stock/quote/NVAX?a=152324
NVAX Novavax Inc Stock Quote https://finviz.com/quote.ashx?a=311864277&t=NVAX
Weekly Trading Game Plan Notes for 11/11 – 11/15/24 - Part 2 https://docs.google.com/document/d/1mK4VlnQjVIUhf6UJemwob8pfmfXm53USbl0EA94ey_U/edit?usp=sharing

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#NVAX #Novavax #duediligence

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