Dynavax Technologies Corp [NASDAQ: DVAX] traded at a low on Tuesday, posting a -3.02 loss after which it closed the day’ session at $10.92.
The results of the trading session contributed to over 3489710 shares changing hands. Over the past one week, the price volatility of Dynavax Technologies Corp stands at 2.91% while the volatility over the past one month is 4.71%.
The market cap for DVAX stock reached $1.34 billion, with 125.45 million shares outstanding and 116.71 million shares in the current float. Compared to the average trading volume of 2.53M shares, DVAX reached a trading volume of 3489710 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Dynavax Technologies Corp [DVAX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DVAX shares is $24.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DVAX stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Dynavax Technologies Corp shares, keeping their opinion on the stock as Sell, with their previous recommendation back on February 11, 2025. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on February 01, 2024, representing the official price target for Dynavax Technologies Corp stock. Previously, the target price had yet another raise to $22, while JMP Securities analysts kept a Mkt Outperform rating on DVAX stock.
The Average True Range (ATR) for Dynavax Technologies Corp is set at 0.44, with the Price to Sales ratio for DVAX stock in the period of the last 12 months amounting to 4.82. The Price to Book ratio for the last quarter was 2.30, with the Price to Cash per share for the same quarter was set at 5.83. Price to Free Cash Flow for DVAX in the course of the last twelve months was 22.22 with Quick ratio for the last quarter at 9.91.
How has DVAX stock performed recently?
Dynavax Technologies Corp [DVAX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.45. With this latest performance, DVAX shares dropped by -13.68% in over the last four-week period, additionally sinking by -7.85% over the last 6 months – not to mention a drop of -6.83% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DVAX stock in for the last two-week period is set at 38.71, with the RSI for the last a single of trading hit 38.61, and the three-weeks RSI is set at 39.07 for Dynavax Technologies Corp [DVAX]. The present Moving Average for the last 50 days of trading for this stock 12.62, while it was recorded at 11.35 for the last single week of trading, and 12.10 for the last 200 days.
Dynavax Technologies Corp [DVAX]: Deeper insight into the fundamentals
Dynavax Technologies Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 9.91 and a Current Ratio set at 10.80.
Earnings analysis for Dynavax Technologies Corp [DVAX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DVAX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dynavax Technologies Corp go to 54.24%.
Insider trade positions for Dynavax Technologies Corp [DVAX]
The top three institutional holders of DVAX stocks are: BLACKROCK INC. with ownership of 21.9 million shares, which is approximately 16.7308%. DEEP TRACK CAPITAL, LP, holding 10.9 million shares of the stock with an approximate value of $$122.41 million in DVAX stocks shares; and DEEP TRACK CAPITAL, LP, currently with $$105.26 million in DVAX stock with ownership which is approximately 7.1594%.
