Novavax stock is one of the leading recombinant vaccine developers in America, which has recently made a name for itself with the vaccine it has developed against coronavirus disease. According to recent reports, Novavax is expected to begin its final phase phase in the coming weeks, making the company one of the leading companies in the Covid-19 vaccine race.
This has resulted in the Novavax stock share price also increasing considerably, to be more precise, it has gained approximately 3100% year-to-date as of the date of this writing. Novavax started the year at $4.49 per share and is now trading at $127 per share, falling after hitting a 5-year high of $178 in August. But at this point, it is very important to follow Novavax stock forecast well.
Therefore, it is not surprising that Novavax stock is currently one of the most popular investments on the market. If you are considering buying Novavax stocks, this guide will help you clear some doubts in your mind. We will help you find the best TR stock broker offering Novavax stock shares, analyze Novavax stock share price performance, and show you how to buy Novavax stock.
How do you become a shareholder?
Novavax stock is an American company listed on the Nasdaq stock exchange, meaning you will need to find a TR agency firm that will provide access to the US stock markets. Fortunately for TR investors, there are many agents that offer US stocks, including Novavax, but you’ll want to find the one that’s right for you. You should review the pricing structure offered by the agent, as well as the trading features and platforms you can access. Novavax stock shares have been one of the most preferred stocks among investors this year, largely due to the Covid-19 vaccine.
According to Margaret McGlynn, Novavax stock Board Member, the company will have a ‘two billion doses’ capacity for coronavirus vaccine globally. This statement had a catalytic effect on the 3100% increase in Novavax shares since the beginning of the year. However, before purchasing Novavax shares, it is important to conduct a detailed study of the current status of the company and whether the stock will continue to rise from its current level. If you research Novavax stock forecast well, you will inevitably succeed.
What is Novavax?
Novavax stock is a biotechnology company that specializes in the development and commercialization of vaccines to prevent infectious diseases. Founded in 1987, Novavax is headquartered in Gaithersburg, Maryland, and has additional facilities in Uppsala, Sweden, and Jevany, Czech Republic.
For many years, including an $89 million grant from the Bill and Melinda Gates Foundation in 2016, Novavax stock has depended on grants to fund its operations. As of November 2020, Novavax, along with Pfizer and Moderna, has been at the forefront of developing an effective Covid-19 vaccine. You can also find Novavax stock forecast on many platforms. This is something that shows how vast the market is.
History of Novavax Stock
Novavax stock went public on November 5, 1995, just eight years after the company was founded. Novavax stock shares stabilized at $80 to $100 in its first few years, peaking twice in 2001 and 2015, before falling due to its failure to achieve positive results of the RSV vaccine in the middle-aged. Following the RSV failure, Novavax had to lay off 30% of its employees to cut back on its spending.
In the same year, the company’s shares, which fell from $ 155 in September 2016 to around $ 27 in November 2016, fell by more than 85%. Since 2016, Novavax has been facing a dark period. In 2019, ResVax clinical tests failed for the second time, and the biotech company went through an inverse share split to avoid being unlisted on the Nasdaq stock exchange.
Ultimately, in November 2019, the share price hit a low of $4.01. Ironically, the coronavirus pandemic has emerged just in time to save Novavax. Since the beginning of the year, the Novavax share price has risen from $3.93 per share to $178 in August, the highest level in five years.
Meanwhile, Novavax stock shares fell almost 28% due to disappointing revenue results and Pfizer and Moderna’s early rollout of the Covid-19 vaccine. At its current share price, Novavax has a market capitalization of just over $7.3 billion. It posted a profit of -$3.21 per share in the third quarter of 2020 and a profit of -$4.39 per share in the first nine months of the year, with a deadline of September 30, 2020. Since Novavax’s earnings are negative, the current F/K ratio is around -23. Earnings growth per share expected for 2022 is 421%.
Since Novavax stock is still in development, it has not yet paid dividends and has not paid at all since its inception. Novavax stock is currently racing against time and is awaiting first-time regulatory approval for one of the two vaccines it is developing. Given this, Novavax shares have been the biggest winners of 2020 so far, with a 3100% return since the beginning of the year and recognition in the world as one of the leading biotechnology companies operating in the sector.
The market has expanded so much that it is now quite easy to reach Novavax stock forecasts. Therefore, let’s take a closer look at some of the reasons why analysts think Novavax is still in strong buying territory. It uses a custom-made spike protein and adds an adjuvant or chemical that can weaken the virus more efficiently.
This technology has made many governments around the world rely on the Novavax vaccine. Canada, the United Kingdom, New Zealand, Australia and the Philippines have already secured Novavax Covid-19 vaccines. Overall, Novavax stock has agreed to supply more than 286 million doses to various countries after its vaccine was approved. While there is a possibility that the Novavax vaccine will come out a little later than the other candidates, it is currently considered by many to be the most effective coronavirus vaccine on the market.
Nano Flu Vaccine
In addition to the Covid-19 vaccine, Novavax stock is developing a NanoFlu vaccine that has completed all primary endpoints of phase three clinical trials in March 2020. As a result, Novavax plans to submit its Nano Flu vaccine to the United States Food and Drug Administration (FDA) for regulatory approval. If it receives regulatory approval, Novavax shares could rise once again due to the global need for a flu vaccine. This is expected to happen in 2022.
Strong Financial Stability
Novavax stock is a small company in terms of market capitalization and revenues. But 2020 has been a year of change for the American biotech company. In the first three quarters of 2020, the company reported $571 million in cash and $157 million in revenue, compared to just $2.5 million in the same period in 2019. According to Novavax, this increase in revenues was driven by development activities related to the NVX-CoV2373 vaccine. More importantly, for Covid-19 vaccine developments, Novavax has been awarded more than $2 billion globally, including $1.6 billion from the U.S. government.
Should Novavax Stock Be Purchased?
All things considered, Novavax stock is still a small company and there are some risks to buying its shares right now. Novavax stock shares are likely to continue to be volatile in the coming months, especially due to the new Covid-19 mutation spreading rapidly in Turkey and other parts of the world. Novavax stock, on the other hand, is currently the only company in the final stages for both a Covid-19 and flu vaccine.
Even if Novavax may not be one of the first biotech companies to launch its Covid-19 vaccine (such as Pfizer and Moderna), it could be a dominant player in the post-pandemic era. This means that Novavax has billions of dollars of potential in the coming years. While the initial entry price for a Novavax investment is difficult to predict at the moment, it seems to be a great long-term ‘wait and see’ investment opportunity. at this point, it is worth mentioning again; You should follow Novavax stock forecast well.
But what should we understand from here?
In summary, buying a Novavax stock after a spectacular return can be a risky investment. This is also the case with Novavax. With this in mind, the good news flows from Novavax make this investment a value opportunity for long-term investors. Novavax has been awarded $1.6 billion by the federal government to complete the final phase of its clinical development, and it is estimated that by mid-2021, Novavax could produce 2 billion doses per year, more Covid-19 vaccine capacity than Pfizer and Moderna. Furthermore, the great potential of the NanoFlu vaccine is another reason why Novavax shares will continue to move upwards in the future.
What Does Novavax INC Offer?
About the vaccine Nuvaxovid (Novavax stock) is a vaccine that can prevent people from getting sick due to COVID-19. Two doses are required initially (called the primary stage). These 2 doses are usually administered at least 3 weeks apart. The Novavax COVID-19 vaccine contains no live viruses and cannot transmit COVID-19 to you. It contains a significant portion of the SARSCoV-2 virus called the thorn protein. It also contains an adjuvant called Matrix-M, which helps build a stronger immune response.
After getting vaccinated, your immune system learns to recognize and fight the SARS-CoV-2 virus that causes COVID-19. Getting vaccinated is optional and free. You can discuss any concerns and questions you may have about COVID-19 vaccination with your vaccination provider or family doctor (GP) before the vaccine is shot.
Benefits of the vaccine According to two extensive clinical studies, Novavax is effective in preventing COVID-19 in people 18 years of age and older. People who received two doses of Novavax were about 90% less likely to get sick from symptomatic COVID-19 than those who were not vaccinated. This vaccine has been equally effective in people over 65 years of age and in people with some previously stable underlying health problems. Protection from COVID-19 begins approximately 2 – 3 weeks after the first dose. A dose may provide some protection, but this can only be short-term.
Two doses provide better protection. Since no vaccine is 100% effective, it’s still possible to get sick with COVID-19 after you’ve been vaccinated. SARS-CoV-2 could potentially infect someone who has already been vaccinated anyway. Those who have no symptoms or mild symptoms can still infect others. However, the COVID-19 vaccines currently in use in Australia are effective in reducing the likelihood that vaccinated people will transmit the virus to their close contacts if infected. Therefore, it is important to continue to take other preventive measures, such as:
- physical distancing
- hand washing
- mask wearing
- COVID-19 testing and quarantine/isolation as required by your state/region.
If you have had two doses of the Novavax vaccine, meet the testing criteria, according to your local health care provider symptoms (e.g., fever, cough, sore throat), you should still get tested for COVID-19.
Safety of the vaccine
Novavax is safely administered to thousands of people around the world. This figure is other than associated with Novavax is a relatively small number compared to COVID-19 vaccines we don’t yet know if there are any rare side effects.
Who should not get this vaccine
You should not get this vaccine if you have:
- anaphylaxis (a serious type of allergic reaction) – a previous version of the Novavax COVID-19 vaccine
- against dosage
- after exposure to any component of the vaccine, including polysorbate 80
- Novavax after review by an experienced vaccine provider or medical professional
- Another cause attributed and identified to a previous dose of the COVID-19 vaccine
- any other serious adverse events that are not.
Precautions for vaccination
Those with certain problems may need additional precautions, such as being under observation for 30 minutes after getting the vaccine shot or contacting an allergist. The following situations give you the vaccine notify practitioners:
- Against the previous dose of the Novavax COVID-19 vaccine or any content of the vaccine
- allergic reaction
- anaphylaxis against other vaccines or other drugs. Those who give you vaccines, those who get shot at you
- They can check that the COVID-19 vaccine doesn’t contain the same type of content.
- confirmed mastocytosis, accompanied by recurrent anaphylaxis, which requires treatment.
If you have a bleeding problem or are taking blood thinners (anti-coagulants), tell your vaccination provider. Those who give you the vaccine should receive an intramuscular injection for you. They can help determine if it is safe and decide the best time for injection.
Clinical trials of Novavax did not include immunocompromised people, except for a small number of people with HIV. We don’t know if Novavax stock is effective at the same level in immunocompromised people compared to the rest of the population. Novavax’s it is possible that it is not as effective in immunocompromised people as it is with the general population. Continue other preventive measures, such as maintaining physical distancing after being vaccinated pretty important.
As can be understood from the content, Novavax stock is a company with big claims, although it is still small. And it requires detailed research and chart monitoring to invest. In addition, Novavax is famous for allowing you to easily access Novavax stock forecast.