DYAI Stock Summary and Trading Ideas (Dyadic International | NASDAQ:DYAI)

Dyadic International Inc is a world-wide biotechnology platform company. The company has developed a gene expression platform for producing commercial quantities of industrial enzymes and other proteins, and has licensed this technology to third parties, such as Abengoa Bioenergy, BASF, Codexis and others, for use in industrial (non-pharmaceutical) applications. This technology is based on the Thermothelomyces heterothallica fungus, which the company named C1.

Dyadic International trades on the NASDAQ stock market under the symbol DYAI.

As of May 13, 2024, DYAI stock price climbed to $1.53 with 40,894 million shares trading.

DYAI has a beta of 0.94, meaning it tends to be less sensitive to market movements. DYAI has a correlation of 0.05 to the broad based SPY ETF.

DYAI has a market cap of $44.73 million. This is considered a Sub-Micro Cap stock.

Last quarter Dyadic International reported $686,535 in Revenue and -$.08 earnings per share. This fell short of revenue expectation by $-113,465 and missed earnings estimates by -$.02.

In the last 3 years, DYAI stock traded as high as $6.89 and as low as $1.12.

The top ETF exchange traded funds that DYAI belongs to (by Net Assets): VTI, VXF, IWC.

DYAI stock has underperformed the market in the last year with a return of -11.0%, while SPY returned +28.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DYAI shares. However, DYAI has outperformed the market in the last 3 month and 2 week periods, returning +10.9% and +2.7%, while SPY returned +5.8% and +2.1%, respectively. This indicates DYAI has been having a stronger performance recently.

DYAI support price is $1.35 and resistance is $1.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DYAI stock will trade within this expected range on the day.