Home Market News <!DOCTYPE html> <html> <head> <title>Insights into Evaxion Biotech A (EVAX) Price Surge</title> </head> <body> Insights into Evaxion Biotech A (EVAX) Price Surge

Insights into Evaxion Biotech A (EVAX) Price Surge Insights into Evaxion Biotech A (EVAX) Price Surge

0
<!DOCTYPE html>
<html>
<head>
<title>Insights into Evaxion Biotech A (EVAX) Price Surge</title>
</head>
<body>

Insights into Evaxion Biotech A (EVAX) Price Surge

The Exhilarating Rise of EVAX:

The price target for Evaxion Biotech A (EVAX) has taken a quantum leap, soaring by an astronomical 414.29% to reach 18.36 per share. This surge comes as a breath of fresh air for investors, overshadowing the prior estimate of 3.57 as of January 16, 2024.

Analysts’ Perspective on EVAX:

The revised price target is an average of various estimates by industry analysts, showcasing a thrilling ascent. The spectrum of expectations now ranges from a modest 14.14 to an ambitious 21.00 per share, reflecting an impressive 392.23% increase from the latest closing price of 3.73 per share.

The Fund Sentiment and Shareholder Dynamics:

The arena of funds and institutions dealing with Evaxion Biotech A has witnessed a noteworthy shift. With 10 entities currently reporting positions, a decrease of one owner or 9.09% emerged in the last quarter. The average portfolio weight allocated to EVAX surged by a staggering 2,308.49%, standing as affirmation to the potential that investors perceive in this transformative company. Institutions’ total shares have upswelled by an impressive 222.92% in the last three months, now resting at 440K shares.

EVAX / Evaxion Biotech A/S - Depositary Receipt (Common Stock) Put/Call Ratios

The put/call ratio for EVAX stands at 0.00, indicating an optimistic outlook prevailing in the market.

Detailed Shareholder Movements:

EVAX / Evaxion Biotech A/S - Depositary Receipt (Common Stock) Shares Held by Institutions

LM Advisors presently holds 337K shares, representing 4.32% ownership of Evaxion Biotech A, showcasing a sizeable stake in the company’s fortunes. Similarly, Beacon Capital Management’s ownership stands at 0.62%, with a notable increase of 85.85% in their shareholding. Citadel Advisors and Renaissance Technologies have also significantly augmented their portfolios, emphasizing a growing confidence in EVAX’s future prospects.

On the flip side, JPMorgan Chase, while holding a 0.12% ownership, saw a decrease of 3.18% in their shares, reflecting a slight retreat in their position in the company.

Insight into Evaxion Biotech A:

Evaxion Biotech A/S, a pioneer in the realm of clinical-stage AI-immunology™ platforms, is heralding a new era of decoding the human immune system. The company’s quest to unearth novel immunotherapies for treating cancer and infectious diseases is underpinned by its proprietary AI-immunology technology, showcasing a diverse portfolio of groundbreaking product candidates.

With an ongoing focus on developing patient-specific cancer immunotherapies and preventative vaccines against bacterial and viral infections, Evaxion is positioned at the vanguard of innovation in the healthcare landscape.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.