GeoVax Labs (NASDAQ:GOVXW) Shares Down 11.3% – Here’s Why

GeoVax Labs, Inc. (NASDAQ:GOVXWGet Free Report)’s share price traded down 11.3% during mid-day trading on Friday . The company traded as low as $0.10 and last traded at $0.11. 19,500 shares changed hands during mid-day trading, an increase of 133% from the average session volume of 8,378 shares. The stock had previously closed at $0.13.

GeoVax Labs Price Performance

The company’s 50 day moving average is $0.12 and its 200 day moving average is $0.16.

About GeoVax Labs

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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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