On Friday, Denali Therapeutics Inc (NASDAQ: DNLI) opened lower -4.75% from the last session, before settling in for the closing price of $19.17. Price fluctuations for DNLI have ranged from $15.45 to $33.31 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 264.19%. Company’s average yearly earnings per share was noted -144.22% at the time writing. With a float of $112.29 million, this company’s outstanding shares have now reached $138.39 million.
The extent of productivity of a business whose workforce counts for 445 workers is very important to gauge.
Denali Therapeutics Inc (DNLI) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Denali Therapeutics Inc is 19.31%, while institutional ownership is 78.37%. The most recent insider transaction that took place on Apr 01 ’24, was worth 1,896,250. In this transaction Director of this company sold 92,500 shares at a rate of $20.50, taking the stock ownership to the 47,341 shares. Before that another transaction happened on Mar 15 ’24, when Company’s Director sold 1,666 for $20.10, making the entire transaction worth $33,487. This insider now owns 119,709 shares in total.
Denali Therapeutics Inc (DNLI) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 18.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -144.22% per share during the next fiscal year.
Denali Therapeutics Inc (NASDAQ: DNLI) Trading Performance Indicators
Check out the current performance indicators for Denali Therapeutics Inc (DNLI). In the past quarter, the stock posted a quick ratio of 13.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.09, a number that is poised to hit -0.70 in the next quarter and is forecasted to reach -2.53 in one year’s time.
Technical Analysis of Denali Therapeutics Inc (DNLI)
The latest stats from [Denali Therapeutics Inc, DNLI] show that its last 5-days average volume of 0.99 million was inferior to 1.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.12%. Additionally, its Average True Range was 1.02.
During the past 100 days, Denali Therapeutics Inc’s (DNLI) raw stochastic average was set at 33.29%, which indicates a significant increase from 13.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.75% in the past 14 days, which was lower than the 78.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.12, while its 200-day Moving Average is $21.37. Now, the first resistance to watch is $18.90. This is followed by the second major resistance level at $19.54. The third major resistance level sits at $20.07. If the price goes on to break the first support level at $17.73, it is likely to go to the next support level at $17.20. Assuming the price breaks the second support level, the third support level stands at $16.56.
Denali Therapeutics Inc (NASDAQ: DNLI) Key Stats
There are currently 139,160K shares outstanding in the company with a market cap of 2.54 billion. Presently, the company’s annual sales total 330,530 K according to its annual income of -145,220 K. Last quarter, the company’s sales amounted to 1,270 K and its income totaled -99,350 K.
