The Street Is Finally Waking Up To Denali Therapeutics Inc (NASDAQ: DNLI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Denali Therapeutics Announces New Data and Expansion of Its Blood-Brain Barrier (BBB)-Crossing Enzyme Replacement Therapy Programs at WORLDSymposium™.

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Stocks Info

Denali Therapeutics Inc is listed on the NASDAQ as a member of the Healthcare sector and is a part of the Biotechnology industry. The current market capitalization of Denali Therapeutics Inc is $2.38B. A total of 0.9 million shares were traded on the day, compared to an average of 1.05M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, DNLI has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,666 shares. Over the last 12 months, there were 21 BUYs and 36 SELLs from insiders. Insiders purchased 224,686 shares during that period but sold 222,430.

In the most recent transaction, SATO VICKI L sold 1,666 shares of DNLI for 18.42 per share on Jan 16. After the transaction, the Director now owns 123,041 company shares. In a previous transaction on Jan 10, Ho Carole sold 4,668 shares at 19.02 per share. DNLI shares that Chief Medical Officer owns now total 147,794.

Among the insiders who sold shares, Watts Ryan J. disposed of 7,818 shares on Jan 09 at a per-share price of $19.78. This resulted in the President and CEO holding 2,268,363 shares of DNLI after the transaction. In another insider transaction, Watts Ryan J. sold 17,483 shares at $19.43 per share on Jan 05. Company shares held by the President and CEO now total 2,276,181.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for DNLI in the last 3 months, the mean price target is $46.67 with high estimates of $105.00 and low estimates of $26.00. In terms of 52-week highs and lows, DNLI has a high of $33.31 and a low of $15.45.

As of this writing, DNLI has an earnings estimate of -$0.8 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of -$0.71 per share and a lower estimate of -$0.96. The company reported an EPS of $1.3 in the last quarter, which was 291.20% higher than expectations of -$0.68.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DNLI’s latest balance sheet shows that the firm has $865.41M in Cash & Short Term Investments as of fiscal 2021. There were $64.01M in debt and $378.25M in liabilities at the time. Its Book Value Per Share was $8.10, while its Total Shareholder’s Equity was $962.29M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DNLI is Buy with a score of 4.75.

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