Dynavax Technologies Corp. (DVAX) Trading Down 3.9%
Shares of Dynavax Technologies Corp. (NASDAQ:DVAX) fell 3.9% during trading on Wednesday . The stock traded as low as $15.51 and last traded at $15.64, with a volume of 328,998 shares changing hands. The stock had previously closed at $16.28.
Separately, Zacks Investment Research upgraded shares of Dynavax Technologies Corp. from a “sell” rating to a “hold” rating in a research report on Monday, June 27th.
The stock’s market cap is $602.86 million. The stock’s 50-day moving average is $15.65 and its 200 day moving average is $16.80.
Dynavax Technologies Corp. (NASDAQ:DVAX) last issued its quarterly earnings data on Friday, August 5th. The biopharmaceutical company reported ($0.75) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.68) by $0.07. The business had revenue of $2.65 million for the quarter, compared to the consensus estimate of $1.58 million. During the same period last year, the business earned ($0.80) earnings per share. The firm’s quarterly revenue was up 70.8% compared to the same quarter last year. Equities analysts anticipate that Dynavax Technologies Corp. will post ($2.96) earnings per share for the current fiscal year.
Dynavax Technologies Corporation (Dynavax) is a clinical-stage biopharmaceutical company. The Company uses toll-like receptor (TLR) biology to discover and develop vaccines and therapeutics. Its development programs are focused on vaccines and cancer immunotherapy. The Company’s lead vaccine product candidate is HEPLISAV-B, an investigational adult hepatitis B vaccine, which combines its TLR9 agonist adjuvant and recombinant hepatitis B surface antigen (rHBsAg).
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