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CVAC - CureVac: Overvalued But Can Pop Again
November, 06 2020 12:26 PM
CureVac N.V.
It was a booming start for CureVac during its IPO in August with the stock popping by 250%. There have been some recent news concerning safety of the vaccine candidate. Market contenders are either ahead or behind the German biotech when considering the state of the clinical trials. Considering fundamentals based on the EV/Sales metric, CureVac is overvalued. Still, this is a biotech operating in a niche market and momentum-induced news could make it pop again. For further details see:
CureVac: Overvalued But Can Pop Again
Stock Information
Company Name:
CureVac N.V.
Stock Symbol:
CVAC
Market:
NASDAQ
Website:
curevac.com
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