Shares of Dynavax Technologies Corporation (NASDAQ:DVAX) traded at a new 52-week high today of $20.97. This new high was reached on below average trading volume as 2.6 million shares traded hands, while the average 30-day volume is approximately 7 million shares.
Dynavax Technologies Corporation share prices have moved between a 52-week high of $20.97 and a 52-week low of $3.58 and are now trading 437% above that low price at $19.22 per share.
Dynavax Technologies Corp is a biopharmaceutical company. The company focuses on leveraging the power of the body’s innate and adaptive immune responses through toll-like receptor stimulation. Its current product candidates are being investigated for use in multiple cancer indications as a vaccine for the prevention of hepatitis B. Dynavax operates in the business segment of discovery, development, and commercialization of novel vaccines. Its Toll-like Receptor Immune Modulation Platform technology plays a vital role in innate immunity and subsequent adaptive immunity. The company generates the vast majority of its revenue from the sale of its HEPLISAV-B product.
Potential upside of 1,317.7% exists for Dynavax Technologies Corporation, based on a current level of $19.22 and analysts’ average consensus price target of $272.48.
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