Virax Biolabs Group Stock Today

VRAX Stock  USD 1.97  0.10  4.83%   

Performance

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Odds Of Distress

Less than 23

 
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Virax Biolabs is trading at 1.97 as of the 30th of November 2024; that is 4.83 percent down since the beginning of the trading day. The stock's open price was 2.07. Virax Biolabs has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Virax Biolabs Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
21st of July 2022
Category
Healthcare
Classification
Health Care
Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits, and med-tech and PPE products for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. Virax Biolabs Group Limited was incorporated in 2021 and is headquartered in London, the United Kingdom. The company has 4.34 M outstanding shares of which 284.03 K shares are at this time shorted by private and institutional investors with about 0.11 trading days to cover. More on Virax Biolabs Group

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Virax Stock Highlights

Thematic IdeaPharmaceutical Products (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Pharmaceutical Products, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02710.0285
Notably Down
Slightly volatile
Total Current Liabilities160.4 K168.8 K
Notably Down
Slightly volatile
Total Assets3.4 M5.5 M
Way Down
Slightly volatile
Total Current Assets3.1 M4.4 M
Way Down
Slightly volatile
Virax Biolabs can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Virax Biolabs' financial leverage. It provides some insight into what part of Virax Biolabs' total assets is financed by creditors.
Liquidity
Virax Biolabs Group currently holds 224.3 K in liabilities. Virax Biolabs Group has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Virax Biolabs' use of debt, we should always consider it together with its cash and equity.

Net Income

(6.4 Million)
Virax Biolabs Group (VRAX) is traded on NASDAQ Exchange in USA. It is located in BioCity Glasgow, Lanarkshire, United Kingdom, ML1 5UH and employs 17 people. Virax Biolabs is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.99 M. Virax Biolabs Group conducts business under Biotechnology sector and is part of Health Care industry. The entity has 4.34 M outstanding shares of which 284.03 K shares are at this time shorted by private and institutional investors with about 0.11 trading days to cover. Virax Biolabs Group currently holds about 21.76 K in cash with (6.25 M) of positive cash flow from operations.
Check Virax Biolabs Probability Of Bankruptcy
Ownership Allocation
Virax Biolabs Group has 7.06 % of its outstanding shares held by insiders and 5.37 % owned by institutional holders.
Check Virax Ownership Details

Virax Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
145.4 K
Virtu Financial Llc2024-06-30
28.1 K
Hrt Financial Llc2024-06-30
25.7 K
Ubs Group Ag2024-06-30
5.6 K
Qube Research & Technologies2024-06-30
300
Headlands Technologies Llc2024-09-30
185
Wells Fargo & Co2024-06-30
100.0
Citadel Advisors Llc2024-06-30
0.0
View Virax Biolabs Diagnostics

Virax Biolabs Historical Income Statement

At this time, Virax Biolabs' Interest Expense is fairly stable compared to the past year. Total Revenue is likely to rise to about 164.2 K in 2024, whereas Net Interest Income is likely to drop (28.2 K) in 2024. View More Fundamentals

Virax Stock Against Markets

Virax Biolabs Corporate Management

Tomasz GeorgeChief OfficerProfile
Joel YeungAccounting ManagerProfile
Nigel MScChief OfficerProfile
Cameron ShawCOO DirectorProfile
James WangHead SourcingProfile
James FosterChairman CEOProfile

Additional Tools for Virax Stock Analysis

When running Virax Biolabs' price analysis, check to measure Virax Biolabs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.