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Dyne Therapeutics Inc (NASDAQ: DYN) closed the day trading at $33.83 down -2.28% from the previous closing price of $34.62. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 0.52 million shares were traded. DYN stock price reached its highest trading level at $34.92 during the session, while it also had its lowest trading level at $33.69.
Ratios:
For a better understanding of DYN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 26.63 and its Current Ratio is at 26.63. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on May 21, 2024, Reiterated its Buy rating but revised its target price to $42 from $31 previously.
On April 30, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $40.
On February 20, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $36.H.C. Wainwright initiated its Buy rating on February 20, 2024, with a $36 target price.
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 Sep 25 ’24 when Kersten Dirk sold 2,357 shares for $35.06 per share. The transaction valued at 82,636 led to the insider holds 190,939 shares of the business.
Kersten Dirk sold 1,260 shares of DYN for $44,465 on Sep 26 ’24. The Director now owns 189,679 shares after completing the transaction at $35.29 per share. On Sep 20 ’24, another insider, Kersten Dirk, who serves as the Director of the company, sold 79,411 shares for $36.45 each. As a result, the insider received 2,894,795 and left with 234,127 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, DYN now has a Market Capitalization of 3396566016 and an Enterprise Value of 2643438080.
Stock Price History:
Over the past 52 weeks, DYN has reached a high of $47.45, while it has fallen to a 52-week low of $6.40. The 50-Day Moving Average of the stock is -16.09%, while the 200-Day Moving Average is calculated to be 15.48%.
Shares Statistics:
Over the past 3-months, DYN traded about 1.35M shares per day on average, while over the past 10 days, DYN traded about 1469010 shares per day. A total of 100.40M shares are outstanding, with a floating share count of 75.23M. Insiders hold about 25.19% of the company’s shares, while institutions hold 84.33% stake in the company. Shares short for DYN as of 1726185600 were 7660014 with a Short Ratio of 5.67, compared to 1723680000 on 7378323. Therefore, it implies a Short% of Shares Outstanding of 7660014 and a Short% of Float of 9.08.
