Wednesday, June 29, 2022

The Unprecedented Rise of Dyadic International Inc. (NASDAQ:DYAI)

The Dyadic International Inc. (DYAI) shares are trading at higher $8.13 and the avg recommendation for the stock is Moderate Buy.

To add more color to this target, the company’s high over the last year is $8.00 and the low is $2.51. Over the last 52 weeks, DYAI is up 1.63% while the S&P 500 is down -0.56%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, DYAI reported a profit of $37000.0. Dyadic International Inc. also saw revenues increase to $0.32 million. In addition, DYAI has free cash flow of -$2.0 million as of 03-2020 The company’s EBITDA came in at -$2.27 million which compares well with its peers.

DYAI Return on Equity (ROE) is -22.90%, and its Return on Assets is -22.00%. All told, it is clear that, DYAI needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. DYAI has a short ratio of 4.44 and outstanding shares of 27.45M.

Company Outlook

DYAI has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.26 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.31. Dyadic International Inc. DYAI also noted assets of $35.39 million at the end of the last quarter. Investors should also keep an eye on sector updates as DYAI has historically followed its peers on positive news.

All told, Dyadic International Inc. DYAI has strung together solid data and demonstrated underlying fundamentals. At its current valuation, DYAI represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Dyadic International Inc. DYAI is now commanding a market cap of 218.21M and a float of 19.21M. DYAI is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of DYAI stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in DYAI, either long or short, and we have not been compensated for this article.

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