Breakfast Technical Briefing on Biotech Stocks -- Dynavax Technologies, Keryx Biopharma, La Jolla Pharma, and Moleculin Biotech

NEW YORK, August 2, 2017 /PRNewswire/ --

If you want a Stock Review on DVAX, KERX, LJPC, or MBRX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today, DailyStockTracker.com reviews Dynavax Technologies Corp. (NASDAQ: DVAX), Keryx Biopharmaceuticals Inc. (NASDAQ: KERX), La Jolla Pharmaceutical Co. (NASDAQ: LJPC), and Moleculin Biotech Inc. (NASDAQ: MBRX). Based on trends historically seen in August, Jeff Hirsch, market-timing specialist and editor of Stock Trader's Almanac, said that the Biotech sector enters its historical favorable season this month. iShares NASDAQ Biotech could be bought on dips below $277.00. The stop loss is $249.30, and auto sell is $349.49. Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/

Dynavax Technologies 

Berkeley, California headquartered Dynavax Technologies Corp.'s shares dropped 4.10%, closing Tuesday's trading session at $15.20. The stock recorded a trading volume of 6.94 million shares, which was above its three months average volume of 2.17 million shares. The Company's shares have surged 52.00% in the last month, 173.87% over the previous three months, and 284.81% since the start of this year. The stock is trading 80.33% above its 50-day moving average and 137.42% above its 200-day moving average. Additionally, shares of Dynavax Technologies have a Relative Strength Index (RSI) of 74.14.  

On July 28^th, 2017, Dynavax Technologies announced that the US Food and Drug Administration's Vaccines and Related Biological Products Advisory Committee (VRBPAC) voted 12 to 1 that the safety data for HEPLISAV-B (Hepatitis B Vaccine, Recombinant [Adjuvanted]) support licensure for immunization against hepatitis B infection in adults 18 years of age and older. Three members of the panel abstained. A prior VRBPAC panel voted 13 to 1 that the data from Phase-3 clinical trials supports the immunogenicity of HEPLISAV-B.

On July 31^st, 2017, research firm RBC Capital Markets upgraded the Company's stock rating from 'Sector Perform' to 'Outperform' while revising its previous target price from $7 a share to $26 a share. See our free and comprehensive research report on DVAX at:

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Keryx Biopharma 

On Tuesday, shares in Boston, Massachusetts headquartered Keryx Biopharmaceuticals Inc. recorded a trading volume of 1.11 million shares. The stock rose 0.29%, ending the day at $7.03. The Company's shares have advanced 20.79% in the previous three months and 19.97% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.58% and 18.56%, respectively. Furthermore, shares of Keryx Biopharma have an RSI of 44.10.  

On July 27^th, 2017, Keryx Biopharma announced its financial results for the quarter ended June 30^th, 2017. Total revenues for Q2 2017 were $15.1 million, cost of goods sold was $4.4 million, and net loss was $86.5 million. Cash and cash equivalents as of June 30^th, 2017 totaled $140.5 million compared to $111.8 million as of December 31^st, 2016. KERX free research report is just a click away at:

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La Jolla Pharma 

San Diego, California headquartered La Jolla Pharmaceutical Co.'s stock finished the day 4.02% higher at $30.82 with a total trading volume of 204,589 shares. The Company's shares have advanced 3.53% in the last one month, 9.72% in the previous three months, and 75.81% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.07% and 21.87%, respectively. Additionally, shares of La Jolla Pharma have an RSI of 45.22.  

On July 27^th, 2017, La Jolla Pharma reported financial results for the three and six months ended June 30^th, 2017. The Company had $141.3 million in cash and cash equivalents as of June 30^th, 2017. Cash used in operating activities for the six months ended June 30^th, 2017 was $41.9 million. Net loss for the three and six months ended June 30^th, 2017 was $26.7 million and $50.0 million, or $1.21 per share and $2.46 per share, respectively. Sign up for your complimentary report on LJPC at:

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Moleculin Biotech 

Shares in Houston, Texas headquartered Moleculin Biotech Inc. ended yesterday's session 9.36% lower at $2.71. The stock recorded a trading volume of 9.48 million shares, which was above its three months average volume of 2.82 million shares. The Company's shares have advanced 44.92% in the last one month, 211.14% over the previous three months, and 18.86% since the start of this year. The stock is trading 93.01% and 58.22% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Moleculin Biotech have an RSI of 66.83.  

On July 27^th, 2017, Moleculin Biotech announced the appointment of John M. Climaco as an independent member of the Company's Board of Directors, effective July 24^th, 2017, to fill a board vacancy. Climaco, 48, was most recently the Executive Vice President of Perma-Fix Medical S.A, a Polish subsidiary of the Perma-Fix Environmental Services, Inc., where he has served as a director since 2013. Register for free on DailyStockTracker.com and download the latest research report on MBRX at:

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