On the stock market since 2002, it operates in the world of money and finance. Now — the numbers.
The stock trades 33% below its peak. The market has trimmed its expectations for the company.
It pays out $2.34 per share each year — regular cash for whoever holds the stock.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 17/100.
On our five-subject report card, COVAX sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: COVAX is a high-risk stock — not yet profitable, and its future rides on its product catching on.