Denali Therapeutics Inc (DNLI) kicked off at the price of $25.05: Venture capitalists have an exciting new opportunity

Denali Therapeutics Inc (NASDAQ: DNLI) on Friday, plunged -11.95% from the previous trading day, before settling in for the closing price of $28.45. Within the past 52 weeks, DNLI’s price has moved between $14.56 and $33.33.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Healthcare Sector giant was 264.19%. The company achieved an average annual earnings per share of -162.14%. With a float of $124.56 million, this company’s outstanding shares have now reached $138.39 million.

Let’s determine the extent of company efficiency that accounts for 445 employees. In terms of profitability, gross margin is 102.06%, operating margin of 165.42%, and the pretax margin is 140.13%.

Denali Therapeutics Inc (DNLI) Breakdown of a Key Holders of the stock

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Denali Therapeutics Inc is 13.46%, while institutional ownership is 88.60%. The most recent insider transaction that took place on Nov 11 ’24, was worth 1,932,665. In this transaction Director of this company sold 59,441 shares at a rate of $32.51, taking the stock ownership to the 9,220 shares. Before that another transaction happened on Nov 07 ’24, when Company’s COFO and Secretary sold 15,558 for $29.91, making the entire transaction worth $465,286. This insider now owns 178,066 shares in total.

Denali Therapeutics Inc (DNLI) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -162.14% per share during the next fiscal year.

Denali Therapeutics Inc (NASDAQ: DNLI) Trading Performance Indicators

Denali Therapeutics Inc (DNLI) is currently performing well based on its current performance indicators. A quick ratio of 9.98 was reported for the most recent quarter.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.76, a number that is poised to hit -0.81 in the next quarter and is forecasted to reach -2.86 in one year’s time.

Technical Analysis of Denali Therapeutics Inc (DNLI)

Looking closely at Denali Therapeutics Inc (NASDAQ: DNLI), its last 5-days average volume was 1.05 million, which is a drop from its year-to-date volume of 1.07 million. As of the previous 9 days, the stock’s Stochastic %D was 26.94%. Additionally, its Average True Range was 1.61.

During the past 100 days, Denali Therapeutics Inc’s (DNLI) raw stochastic average was set at 39.07%, which indicates a significant increase from 0.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.42% in the past 14 days, which was higher than the 55.09% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.20, while its 200-day Moving Average is $22.42. However, in the short run, Denali Therapeutics Inc’s stock first resistance to watch stands at $27.45. Second resistance stands at $29.85. The third major resistance level sits at $31.07. If the price goes on to break the first support level at $23.82, it is likely to go to the next support level at $22.60. Now, if the price goes above the second support level, the third support stands at $20.20.

Denali Therapeutics Inc (NASDAQ: DNLI) Key Stats

Market capitalization of the company is 3.17 billion based on 143,922K outstanding shares. Right now, sales total 330,530 K and income totals -145,220 K. The company made 0 K in profit during its latest quarter, and -107,190 K in sales during its previous quarter.