Shares of Novavax Inc. (NASDAQ:NVAX) traded today at $329.99, eclipsing its 52-week high. Approximately 2.9 million shares have changed hands today, as compared to an average 30-day volume of 5.6 million shares.
In the past 52 weeks, shares of Novavax Inc. have traded between a low of $6.26 and a high of $329.99 and is now at $323.50, which is 5,068% above that low price.
Novavax Inc is a biotechnology company that develops vaccines. The company works in the clinical stage of development with a focus on delivering novel products that prevent a broad range of diseases. Novavax works together with its wholly owned Swedish subsidiary to produce vaccine candidates to respond to both known and emerging disease threats. The company believes its vaccine technology has the potential to be applied broadly to a wide variety of human infectious diseases. Novavax develops product candidates geared toward all age demographics of the general population.
Novavax Inc. (NASDAQ:NVAX) is currently priced 2.5% above its average consensus analyst price target of $315.28.
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