For its first fiscal quarter (ending March 31), Dynavax Technologies Corp (NASDAQ: DVAX) has reported E.P.S. of $-0.07 compared to $-0.19 a year ago. E.P.S. were $0.07 for the latest four quarters through March 31 versus $1.86 for the same period a year ago — a decline of -96%.
Recent Price Action
On 5/8/24, Dynavax Technologies Corp (NASDAQ: DVAX) stock declined slightly by -0.9%, closing at $11.65. Moreover, above average trading volume at 122% of normal accompanied the decline. The stock has risen 2.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
DVAX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Dynavax Technologies has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Dynavax Technologies has a slightly negative Appreciation Score of 33 and a poor Power Rating of 25, with the Lowest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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