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As of close of business last night, Denali Therapeutics Inc’s stock clocked out at $28.45, down -3.98% from its previous closing price of $29.63. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 0.83 million shares were traded. DNLI stock price reached its highest trading level at $29.8 during the session, while it also had its lowest trading level at $28.29.
Ratios:
To gain a deeper understanding of DNLI’s stock, we examine 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.
On December 13, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $32.Citigroup initiated its Buy rating on December 13, 2023, with a $32 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 4094580992 and an Enterprise Value of 3310579200.
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 0.89%, while the 200-Day Moving Average is calculated to be 27.13%.
Shares Statistics:
It appears that DNLI traded 846.73K shares on average per day over the past three months and 850880 shares per day over the past ten days. A total of 138.39M shares are outstanding, with a floating share count of 125.37M. Insiders hold about 12.89% of the company’s shares, while institutions hold 89.47% stake in the company. Shares short for DNLI as of 1730332800 were 7427916 with a Short Ratio of 8.77, compared to 1727654400 on 7735501. Therefore, it implies a Short% of Shares Outstanding of 7427916 and a Short% of Float of 6.0399998.
