Previous close | 48.67 |
Open | 48.39 |
Bid | 48.54 x 100 |
Ask | 48.59 x 100 |
Day's range | 48.35 - 48.76 |
52-week range | 42.63 - 55.72 |
Volume | |
Avg. volume | 1,984,375 |
Market cap | 122.496B |
Beta (5Y monthly) | 0.44 |
PE ratio (TTM) | 24.64 |
EPS (TTM) | 1.97 |
Earnings date | 25 July 2024 |
Forward dividend & yield | 2.04 (4.19%) |
Ex-dividend date | 09 May 2024 |
1y target est | 59.90 |
Under a deal signed on May 10, the French drugmaker will take a 4.9% stake in Novavax for $70 million at a lofty valuation. Novavax, which struggled to get its protein-based vaccine to the market in a timely manner, also removed a warning notice from February last year that raised doubts about it being in business after the deal. The fund, which owns an about 7.8% stake in Novavax, reiterated that the Sanofi agreement was a "long-awaited step in the right direction".
Novavax, Sanofi, Fulcrum Therapeutics, Moderna and Bristol Myers are included in this Analyst Blog.
Novavax, Inc (NVAX) and Fulcrum Therapeutics, Inc (FULC) are in the spotlight following license agreements with pharma giant Sanofi.