Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $21.45 in the prior trading day, Denali Therapeutics Inc (NASDAQ: DNLI) closed at $20.78, down -3.12%. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 1.02 million shares were traded. DNLI stock price reached its highest trading level at $21.435 during the session, while it also had its lowest trading level at $20.61.
Ratios:
Our goal is to gain a better understanding of DNLI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.98 and its Current Ratio is at 9.98. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 11 ’24 when Schenkein David P sold 59,441 shares for $32.51 per share. The transaction valued at 1,932,665 led to the insider holds 9,220 shares of the business.
Schuth Alexander O. sold 15,558 shares of DNLI for $465,286 on Nov 07 ’24. The COFO and Secretary now owns 178,066 shares after completing the transaction at $29.91 per share. On Nov 07 ’24, another insider, SATO VICKI L, who serves as the Director of the company, sold 1,020 shares for $30.00 each. As a result, the insider received 30,600 and left with 111,056 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DNLI now has a Market Capitalization of 2990699264 and an Enterprise Value of 2303127808.
Stock Price History:
Over the past 52 weeks, DNLI has reached a high of $33.33, while it has fallen to a 52-week low of $14.56. The 50-Day Moving Average of the stock is -19.26%, while the 200-Day Moving Average is calculated to be -10.00%.
Shares Statistics:
The stock has traded on average 840.77K shares per day over the past 3-months and 1140800 shares per day over the last 10 days, according to various share statistics. A total of 143.84M shares are outstanding, with a floating share count of 124.63M. Insiders hold about 13.40% of the company’s shares, while institutions hold 88.48% stake in the company. Shares short for DNLI as of 1732838400 were 7374155 with a Short Ratio of 8.77, compared to 1730332800 on 7427916. Therefore, it implies a Short% of Shares Outstanding of 7374155 and a Short% of Float of 6.0.
