Virax Biolabs Group (NASDAQ:VRAX) Trading Down 0% – Time to Sell?

Virax Biolabs Group Limited (NASDAQ:VRAXGet Free Report) was down 0% during mid-day trading on Monday . The stock traded as low as $0.4734 and last traded at $0.4910. Approximately 27,163 shares were traded during trading, a decline of 86% from the average daily volume of 189,532 shares. The stock had previously closed at $0.4912.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Virax Biolabs Group in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $3.00.

Get Our Latest Stock Analysis on Virax Biolabs Group

Virax Biolabs Group Price Performance

The firm has a 50-day moving average of $0.59 and a two-hundred day moving average of $0.78.

Virax Biolabs Group Company Profile

(Get Free Report)

Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. The company provides rapid antibody IgC/IgM tests, antigen tests, polymerase chain reaction rapid tests, and neutralizing antibody tests under the ViraxClear brand name.

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