Analyst Commentary On Range Resources Corporation (RRC), Dynavax Technologies Corporation (DVAX)

Range Resources Corporation (NYSE:RRC) is struggling to gain traction with investors, as evidenced by its 9.62 million shares volume. The daily trading volume average remained 6.57 million shares over the course of 3 months. The stock had opened the regular trading at $17.58 and managed a -2.3% price change to reach $17.4 through the close.

Range Resources Corporation (RRC) Analyst Opinion

Range Resources Corporation has a consensus outperform rating from 33 Wall Street analysts, and the number of shares currently sold short amount to at least 12.42% of shares outstanding. The stock sank -2.63% last month and is up 1.99 this year. Wall Street is only getting more bullish on the stock, with 24 of analysts who cover RRC having a buy-equivalent rating. Analysts have placed a $28.53 price target on Range Resources Corporation, suggesting a 63.97% gain from recent close. It’s currently trading about -52.2% below its 52-week high.

Range Resources Corporation Earnings Surprise

Range Resources Corporation (RRC) surprised the stock market in its last reported earnings when it earned $0.05 a piece versus the consensus-estimated $0.03. Its revenue totaled $516.5 million down -8.64% from the previous quarter.

Range Resources Corporation (NYSE:RRC) Intraday View

This stock (RRC) is ahead of its 52-week low with 13.5%. Its last month’s stock price volatility remained 4.03% which for the week stands at 3.66%. The share price has moved forward from its 20 days moving average, trading at a distance of 4.99% and stays -0.41% away from its 50 days moving average. Over the last five days, shares have managed 2.59% gains and now is down -17.66% since hitting its 200-day moving average of $18.92. Range Resources Corporation (RRC) has made its way to a 12-month decline of -48.14%.

Turning to Dynavax Technologies Corporation (NASDAQ:DVAX), its shares were trading at $18 a retreat of $-0.65, on the trading floor. The stock, after opening at $18.6, touched a high of $18.845 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.8. Dynavax Technologies Corporation has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -26.38% from its high of $24.45 to a $1.13 billion market value through last close.

Dynavax Technologies Corporation (DVAX) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 1.83 to 1.83 during a month. Analysts set a 12-month price target of $30 a share. The target implies a 66.67% spike from where the shares are currently trading. Also, the current price highlights a discount of 122.22% to analysts’ high consensus price target.

Dynavax Technologies Corporation (NASDAQ:DVAX) Intraday Trading

The counter witnessed a trading volume of 1.06 million shares versus an average volume of 1.66 million shares during last trading session. Its last month’s stock price volatility remained 4.25% which for the week approaches 4.97%. The lowest price the stock reached in the last trading day was $17.85 and compares with the $3.70 52-week low. The stock recovered 386.49% since its low point and has performed -3.74% year-to-date.

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