January 20th, 2022 | 11:08 CET
Cardiol, Novavax, Valneva - Why it's worth buying now!
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Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
Share price fireworks after announcement
The share of Valneva can show the most trades on Tradegate so far on today's trading day. More than 5,600 executed orders have been counted so far. After yesterday's company announcement on the development of a Covid-19 vaccine, the share price increased from below 14.00 EUR to over 20.00 EUR. Currently, the share is trading at EUR 16.86, far from its daily high of EUR 21.20. Compared to the previous day's closing price, the shares are trading around 21% lower. The Novavax shares have also lost ground in recent weeks. In December 2021, the shares still changed hands at over EUR 200.00. Most recently, the shares were traded at EUR 84.20, 3.47% higher than the previous day.
Investors are betting on the next Covid-19 phase
Long-Covid is moving more and more into the focus of investors. Canadian biotech Cardiol Therapeutics successfully completed a USD 50 million capital increase in November 2021, significantly expanding its financial resources for product development. The company focuses on heart disease therapy. The proliferation of Covid-19 has significantly increased the need. The analysts of Canaccord and Cantor Fitzgerald grant the shares a price potential of CAD 10.00 and GBC Research even considers CAD 17.49 possible. At present with EUR 1.78 (approx. CAD 2.52) the shares change their owners. On the previous day, there was profit-taking in the shares after several days of price increases. But according to an old stock market saying, "Buy on dips!" - in other words, buy on weakness.
On Feb. 17, 2022, Cardiol will present at the 'International Investment Forum - IIF' and provide insights to investors. (Free registration: ii-forum.com). Yesterday, a report on Cardiol by stock market expert Carsten Mainitz was also published on researchanalyst.com.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
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