Denali Therapeutics Inc (NASDAQ: DNLI) kicked off on Tuesday, down -6.79% from the previous trading day, before settling in for the closing price of $25.63. Over the past 52 weeks, DNLI has traded in a range of $14.56-$33.33.
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Annual sales at Healthcare sector company grew by 264.19% over the past five years. While this was happening, its average annual earnings per share was recorded -163.35%. With a float of $124.53 million, this company’s outstanding shares have now reached $143.84 million.
Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Denali Therapeutics Inc is 13.48%, while institutional ownership is 88.63%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -163.35% per share during the next fiscal year.
Denali Therapeutics Inc (NASDAQ: DNLI) Trading Performance Indicators
Take a look at Denali Therapeutics Inc’s (DNLI) current performance indicators. Last quarter, stock had a quick ratio of 9.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.76, a number that is poised to hit -0.83 in the next quarter and is forecasted to reach -2.91 in one year’s time.
Technical Analysis of Denali Therapeutics Inc (DNLI)
Denali Therapeutics Inc (NASDAQ: DNLI) saw its 5-day average volume 0.67 million, a negative change from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 53.79%. Additionally, its Average True Range was 1.29.
During the past 100 days, Denali Therapeutics Inc’s (DNLI) raw stochastic average was set at 30.54%, which indicates a significant increase from 4.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.35% in the past 14 days, which was higher than the 54.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.18, while its 200-day Moving Average is $22.83. Nevertheless, the first resistance level for the watch stands at $25.13 in the near term. At $26.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.01. If the price goes on to break the first support level at $23.24, it is likely to go to the next support level at $22.59. The third support level lies at $21.36 if the price breaches the second support level.
Denali Therapeutics Inc (NASDAQ: DNLI) Key Stats
The company with the Market Capitalisation of 3.44 billion has total of 143,922K Shares Outstanding. Its annual sales at the moment are 330,530 K in contrast with the sum of -145,220 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -107,190 K.