Shares of Dynavax Technologies Corporation (NASDAQ:DVAX) traded at a new 52-week high today of $15.95. Approximately 480,000 shares have changed hands today, as compared to an average 30-day volume of 2.7 million shares.
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.
Over the past year, Dynavax Technologies Corporation has traded in a range of $3.58 to $15.95 and is now at $15.69, 338% above that low.
Potential upside of 1,298.4% exists for Dynavax Technologies Corporation, based on a current level of $15.69 and analysts' average consensus price target of $219.41.
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