How can Dynavax Technologies Corp. (NASDAQ:DVAX) transform?


Here is an analysis at the scorecard of Dynavax Technologies Corp. (NASDAQ:DVAX) for the recent quarter and analyst projections for the coming periods.

The firm generated sales of 148,000%, implying a jump of -5.36% compared to a analogous quarter a year ago.

Let’s look into the technical of the stock

The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend. The market is approaching overbought territory. Be watchful of a trend reversal.

Dynavax Technologies Corp. incurred other expenses in the completion of operation. Taking those into account, it closed the quarter with EPS of $(0.60). The firm had 41.83M diluted outstanding shares at the close of the quarter.

For the next quarter, analysts on the average are projecting EPS of $-0.43.

Dynavax Technologies Corp.’s cash balance at the close of the recent quarter was 21.47M%. The firm generated free cash flow of $(25.48M) during the quarter, while net operating cash flow was $(25.25M). Net change in cash was $(2.82M).

What is market thinking about Dynavax Technologies Corp.? So far 3 analysts have assessed the stock, and they have average recommendation of Overweight and average price target of $10.00. To put the recommendation into perspective, call in the range of 1.00 – 1.24 indicates a BUY recommendation, whereas 1.25 – 1.74 refers to OVERWEIGHT. HOLD recommendation is shown by 1.75 ? 2.24, UNDERWEIGHT is signified by 2.25 – 2.74 while SELL is signified by 2.75 – 3.00.

Does Dynavax Technologies Corp. have a strong balance sheet? A look at the firm’s balance sheet at the close of the most recent quarter displays that it has total assets of $110.13M, offset by total liabilities of $12.74M.

Dynavax Technologies Corporation was a big mover last session, as its shares rose almost 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 27% in the past one-month time frame.