GeoVax Labs (NASDAQ:GOVXW) Stock Price Down 14.1% – Here’s Why

GeoVax Labs, Inc. (NASDAQ:GOVXWGet Free Report) shares dropped 14.1% during trading on Wednesday . The stock traded as low as $0.10 and last traded at $0.10. Approximately 19,999 shares changed hands during trading, a decline of 8% from the average daily volume of 21,681 shares. The stock had previously closed at $0.12.

GeoVax Labs Stock Performance

The firm has a 50 day simple moving average of $0.12 and a two-hundred day simple moving average of $0.15.

GeoVax Labs Company Profile

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GeoVax Labs, Inc, a clinical-stage biotechnology company, develops human vaccines and immunotherapies against infectious diseases and solid tumor cancers using modified vaccinia ankara virus-like particle vaccine platform. It is developing various preventive vaccines against (COVID-19), human immunodeficiency virus (HIV); Zika virus; malaria; and hemorrhagic fever viruses, such as Ebola, Sudan, Marburg, and Lassa, as well as therapeutic vaccines for HIV, chronic Hepatitis B infections, and solid tumor cancers.

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