Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Dianthus Therapeutics Inc (NASDAQ: DNTH) closed at $18.38 in the last session, up 2.34% from day before closing price of $17.96. In other words, the price has increased by $2.34 from its previous closing price. On the day, 0.68 million shares were traded. DNTH stock price reached its highest trading level at $19.4599 during the session, while it also had its lowest trading level at $18.03.
Ratios:
We take a closer look at DNTH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 15.99 and its Current Ratio is at 15.99. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On October 03, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $48.Oppenheimer initiated its Outperform rating on October 03, 2024, with a $48 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DNTH now has a Market Capitalization of 591100800 and an Enterprise Value of 337306464. For the stock, the TTM Price-to-Sale (P/S) ratio is 90.66 while its Price-to-Book (P/B) ratio in mrq is 1.80. Its current Enterprise Value per Revenue stands at 51.702 whereas that against EBITDA is -2.881.
Stock Price History:
The Beta on a monthly basis for DNTH is 1.43, which has changed by -0.2712133 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, DNTH has reached a high of $32.27, while it has fallen to a 52-week low of $13.36. The 50-Day Moving Average of the stock is -3.75%, while the 200-Day Moving Average is calculated to be -18.19%.
Shares Statistics:
According to the various share statistics, DNTH traded on average about 323.72K shares per day over the past 3-months and 354010 shares per day over the past 10 days. A total of 32.13M shares are outstanding, with a floating share count of 22.32M. Insiders hold about 30.61% of the company’s shares, while institutions hold 96.23% stake in the company. Shares short for DNTH as of 1749772800 were 6686719 with a Short Ratio of 20.66, compared to 1747267200 on 6370624. Therefore, it implies a Short% of Shares Outstanding of 6686719 and a Short% of Float of 25.44.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
