ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Dyadic International Inc. (NASDAQ: DYAI) Surges 19.2% Amid Robust Trading Volume Following Expanded Collaboration with Israeli Institutes

On February 21, 2024, Dyadic International Inc. (NASDAQ: DYAI) garnered significant attention from investors as its stock surged by 19.2%, marking the highest volume in the past six months. The company, a global technology firm specializing in advanced microbial platforms for bio-production and protein development to meet clinical demands, came into focus. This morning, news broke that Dyadic had extended its partnership with the Israel Institute for Biological Research (IIBR) and Life Sciences Research Israel (LSRI), its commercial affiliate, to focus on developing solutions for emerging diseases. 

The partnership aims to harness the company's expertise in flexible-scale protein bio-production using microbial platforms. Moreover, it will capitalize on IIBR's ability to identify antigens and antibodies for manufacturing solutions to emerging diseases and threats. In a broader context, this collaboration seeks to advance the development of effective vaccines and treatments to address global health challenges, with the goal of commercialization in mind. Commercialization of these discoveries will be facilitated through licensing agreements. 

IIBR is set to contribute to the enhancement of Dyadic International's C1 cell lines by utilizing proprietary gene sequences. This collaboration aims to improve the bio-manufacturing of neutralizing agents and recombinant vaccines. The focus of the partnership will be on addressing emerging diseases through various global out-licensing initiatives aimed at broadening access. 

These actions would additionally enhance the accessibility of vaccines and antibodies for patients. LSRI has previously partnered with Dyadic International, with the collaboration beginning in January 2018 and later expanding during the pandemic. LSRI has expressed satisfaction with the progress made through the utilization of Dyadic International's C1 technology for the co-development of vaccines. 

Dyadic International Inc. (NASDAQ: DYAI) is showing several bullish signs, having risen for three consecutive days. Additionally, the MACD (Moving Average Convergence Divergence), a momentum indicator, has turned upward, signaling a bullish crossover with the EMA (Exponential Moving Average). Both the EMA and MACD track the relationship between two moving averages of a security's price, indicating that the stock has entered an upward trend. This positions DYAI as one to keep a close eye on in the near term.

 

Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors with a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TheStreetReports (TSR) is responsible for the production and distribution of this content."TSR" is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. "TSR" authors, contributors, or its agents, may be compensated for preparing research, video graphics, podcasts and editorial content. "TSR" has not been compensated to produce content related to "Any Companies" appearing herein. As part of that content, readers, subscribers, and everyone viewing this content are expected to read the full disclaimer in our website.

Media Contact
Company Name: The Street Reports
Contact Person: Editor
Email: Send Email
Country: United States
Website: http://www.thestreetreports.com


Recent Quotes

View More
Symbol Price Change (%)
AMZN  227.76
+3.55 (1.58%)
AAPL  265.82
+3.00 (1.14%)
AMD  255.93
+3.01 (1.19%)
BAC  52.80
+0.23 (0.45%)
GOOG  267.89
+7.38 (2.83%)
META  749.93
+11.57 (1.57%)
MSFT  531.45
+7.84 (1.50%)
NVDA  191.54
+5.28 (2.83%)
ORCL  280.80
-2.53 (-0.89%)
TSLA  458.98
+25.26 (5.82%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.