Dynavax Technologies Corp (NASDAQ: DVAX) is -2.27% lower on its value in year-to-date trading and has touched a low of $9.74 and a high of $14.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DVAX stock was last observed hovering at around $12.63 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $12.48, the stock is -2.66% and -1.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing -1.19% at the moment leaves the stock 7.27% off its SMA200. DVAX registered -9.63% loss for a year compared to 6-month gain of 16.09%. The firm has a 50-day simple moving average (SMA 50) of $12.668 and a 200-day simple moving average (SMA200) of $11.63385.
The stock witnessed a -2.88% loss in the last 1 month and extending the period to 3 months gives it a 21.40%, and is -3.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.77% over the week and 2.62% over the month.
Dynavax Technologies Corp (DVAX) has around 408 employees, a market worth around $1.64B and $260.81M in sales. Current P/E ratio is 95.78 and Fwd P/E is 49.09. Profit margin for the company is 7.85%. Distance from 52-week low is 28.13% and -13.39% from its 52-week high. The company has generated returns on investments over the last 12 months (2.20%).
with sales reaching $73.02M over the same period.The EPS is expected to grow by 507.80% this year, but quarterly earnings will post 19.78% year-over-year. Quarterly sales are estimated to grow 31.34% in year-over-year returns.
Dynavax Technologies Corp (DVAX) Top Institutional Holders
341.0 institutions hold shares in Dynavax Technologies Corp (DVAX), with institutional investors hold 105.27% of the company’s shares. The shares outstanding are 131.34M, and float is at 130.92M with Short Float at 13.09%. Institutions hold 104.92% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 21.9 million shares valued at $245.97 million. The investor’s holdings represent 16.7308% of the DVAX Shares outstanding. As of 2024-06-30, the second largest holder is DEEP TRACK CAPITAL, LP with 10.9 million shares valued at $122.41 million to account for 8.3259 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.37 million shares representing 7.1594% and valued at over $105.26 million, while STATE STREET CORP holds 6.0824 of the shares totaling 7.96 million with a market value of $89.42 million.
Dynavax Technologies Corp (DVAX) Insider Activity
The most recent transaction is an insider sale by CANO FRANCIS, the company’s Director. SEC filings show that CANO FRANCIS sold 3,615 shares of the company’s common stock on May 31 ’24 at a price of $11.93 per share for a total of $43127.0. Following the sale, the insider now owns 36905.0 shares.
Dynavax Technologies Corp disclosed in a document filed with the SEC on Mar 01 ’24 that Burgess Justin (Chief Accounting Officer) sold a total of 20,526 shares of the company’s common stock. The trade occurred on Mar 01 ’24 and was made at $12.78 per share for $0.26 million. Following the transaction, the insider now directly holds 0.0 shares of the DVAX stock.
