Dynavax Technologies Corporation (DVAX) Stock: A Biotech Stock That’s Seeing Strong Gains

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Dynavax Technologies Corporation (DVAX) is making a move up in the market in today’s trading session. The company, focused in the biotechnology sector, is presently trading at $4.78 after heading up 3.35% so far in today’s session. In terms of biotech stocks, there are several aspects that have the ability to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent stories associated with DVAX:

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Aug-28-19 09:35PM Edited Transcript of DVAX earnings conference call or presentation 7-Aug-19 8:30pm GMT
Aug-27-19 02:39PM Here’s How to Find Top-Ranked Stocks Under $10 to Buy
12:24PM We Think Dynavax Technologies (NASDAQ:DVAX) Has A Fair Chunk Of Debt
Aug-19-19 09:53AM Dynavax Technologies Corporation (DVAX) Shares March Higher, Can It Continue?
Aug-12-19 04:05PM Dynavax Announces Andrew Hack, M.D., Ph.D., Has Joined Board of Directors

However, any time investors are making an investing decision, prospective investors should take a look at far more than just news, especially in the speculative biotechnology space. Here’s what’s happing when it comes to Dynavax Technologies Corporation.

Recent Movement Out of DVAX

While a single session gain, like the gain that we’re seeing from Dynavax Technologies Corporation might lead to excitement in some investors, a single session move by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It is always smart to dig into trends experienced by the stock beyond a single session. When it comes to DVAX, below are the trends that investors have seen:

  • Past 5 Sessions – Over the last five trading sessions, DVAX has generated a change in price that amounts to 1.09%.
  • Monthly – The performance from Dynavax Technologies Corporation over the last 30 days has been 36.98%.
  • Past Three Months – In the last 3 months, the company has produced a return of 24.46%
  • Past 6 Months – Over the last six months, we’ve seen a change that works out to -46.16% from the company.
  • YTD – Since the the last trading session of last year DVAX has generated a return on investment of -49.40%.
  • Annually – Lastly, throughout the last full year, we have seen a change that works out to -63.69% from DVAX. In this period, the stock has sold at a high price of -65.20% and a low of 84.39%.

Rations That Traders Should Think About

Digging into various key ratios associated with a stock generally gives prospective traders a view of how dangerous and/or rewarding a an investment option might be. Here are some of the key ratios to think about when looking at DVAX.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors are expecting that the value of the stock is going to fall. Throughout the sector, biotechnology stocks tend to have a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the space. Nonetheless, in regard to Dynavax Technologies Corporation, it’s short ratio is 10.83.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to cover its debts when they come due using quick assets or current assets. Because many biotech many companies rely heavily on continued support from investors, the current and quick ratios can look upsetting. Nonetheless, some good picks in the biotechnology sector come with strong current and quick ratios. As far as DVAX, the quick and current ratios come to 3.50 and 4.30 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets owned by the company. when it comes to Dynavax Technologies Corporation, that ratio works out to 0.16.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. Several clinical stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotechnology sector, this is a very important ratio to think about. When it comes to DVAX, the cash to share value ratio works out to 2.11.

How Analysts Feel About Dynavax Technologies Corporation

While it’s never a smart idea to blindly follow the thoughts of analysts, it is a smart idea to use their opinions to validate your own due diligence when it comes to making investment decisions in the biotechnology space. Below are the most recent moves that we have seen from analysts when it comes to DVAX.

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Jul-11-19 Upgrade Cantor Fitzgerald Neutral → Overweight $20
Feb-27-19 Reiterated Cantor Fitzgerald Overweight $32 → $28
May-10-18 Upgrade JP Morgan Neutral → Overweight
Mar-08-18 Reiterated Cantor Fitzgerald Overweight $25 → $27
Feb-14-18 Downgrade JP Morgan Overweight → Neutral

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in DVAX, here’s what we’re seeing:

  • Institutional Investors – Currently, institutional investors own 81.40% of the company. However, it’s worth mentioning that institutional ownership has seen a move of 0.40% throughout the past quarter.
  • Investors On The Inside – As far as insiders go, those close to the company currently own 1.50% of Dynavax Technologies Corporation. Their ownership of the company has moved 1.82% in the last quarter.

What’s Going On With Share Counts?

Investors tend to like to know the amounts of shares both outstanding and available. As it relates to Dynavax Technologies Corporation, currently there are 66.49M with a float of 64.10M. These numbers mean that out of the total of 66.49M shares of DVAX in existence today, 64.10M are available to be traded by the public.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DVAX, the short percent of the float is 29.02%.

Earnings

What have ween seen from DVAX in terms of financial results?Here’s the data:

  • Analyst Expectations – At the moment, Wall St. analysts are expecting that the company will generate earnings per diluted share coming to a total of -0.87, with -0.44 being reported in the earnings report for the current quarter. Although this is not associated with earnings, since we are talking about Wall Street analysts, DVAX is currently graded as a 1.80 on a scale from 1 to 5 where 1 is the worst possible analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Throughout the past half decade, Dynavax Technologies Corporation has generated a movement in sales volume that comes to a total of -6.10%. EPS through the past 5 years have seen movement in the amount of 7.80%.
  • Quarter Over Quarter – In terms of quarter over quarter earnings data, or Q/Q data as it is generally referred to as in the human world, the company has created a change in earnings that amounts to -3.70%. The company has also moved the needle with regard to sales that totals 538.50%.

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