Vaxart (VXRT) Releases Earnings Results
Vaxart (NASDAQ:VXRT) posted its quarterly earnings results on Friday. The biotechnology company reported ($0.92) EPS for the quarter, MarketWatch Earnings reports. Vaxart had a negative return on equity of 195.55% and a negative net margin of 317.57%. The business had revenue of $0.28 million for the quarter.
Shares of Vaxart stock traded down $0.34 during trading on Friday, reaching $2.64. 183,719 shares of the company’s stock were exchanged, compared to its average volume of 99,802. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.90 and a quick ratio of 2.90. Vaxart has a 1-year low of $2.37 and a 1-year high of $9.46.
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Vaxart, Inc, a clinical-stage company, focuses on developing oral recombinant vaccines based on its proprietary oral vaccine delivery platform. The company's platform delivers various recombinant protein antigens, such as those used in influenza, hepatitis B, and human papilloma virus (HPV) vaccines, as well as other recombinant vaccines.
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