Bavarian Nordic (OTCMKTS:BVNRY) Sees Strong Trading Volume – Here’s What Happened

Shares of Bavarian Nordic (OTCMKTS:BVNRY) saw unusually-high trading volume on Tuesday . Approximately 916 shares changed hands during trading, an increase of 84% from the previous session’s volume of 498 shares.The stock last traded at $10.27 and had previously closed at $10.03.

Bavarian Nordic Trading Up 0.4%

The business has a 50-day moving average of $9.94 and a 200 day moving average of $10.93. The firm has a market capitalization of $2.45 billion, a PE ratio of 6.65 and a beta of 1.34.

Bavarian Nordic (OTCMKTS:BVNRY) last posted its earnings results on Friday, November 14th. The company reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $281.11 million during the quarter. Bavarian Nordic had a net margin of 35.96% and a return on equity of 20.47%. On average, sell-side analysts expect that Bavarian Nordic will post 0.67 EPS for the current fiscal year.

Bavarian Nordic Company Profile

Bavarian Nordic is a fully integrated biotechnology company specializing in the development, manufacture and commercialization of vaccines and immunotherapies. Founded in 1994 and headquartered in Martinsried, Germany, the company combines internal research capabilities with in-house manufacturing to address serious infectious diseases and cancer indications. Bavarian Nordic’s operations encompass preclinical research, clinical development and commercial supply, with a strategic focus on leveraging its proprietary viral vector platforms.

The company’s commercial portfolio includes approved prophylactic vaccines such as Jynneos™ (marketed as Imvamune®/Imvanex®) for the prevention of smallpox and monkeypox in the United States, European Union and Canada; Rabipur® for rabies prevention; and Encepur® against tick-borne encephalitis.