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New Big Money Means Denali Therapeutics Inc (DNLI) Investors Could Reap Benefit

Denali Therapeutics Inc (NASDAQ: DNLI) is -22.65% lower on its value in year-to-date trading and has touched a low of $15.45 and a high of $33.31 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DNLI stock was last observed hovering at around $16.82 in the last trading session, with the day’s loss setting it -0.22%.

Currently trading at $16.60, the stock is -14.21% and -13.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -1.31% at the moment leaves the stock -21.63% off its SMA200. DNLI registered -33.92% loss for a year compared to 6-month loss of -19.34%.

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The stock witnessed a -19.18% gain in the last 1 month and extending the period to 3 months gives it a -0.78%, and is -13.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.92% over the week and 4.27% over the month.

Denali Therapeutics Inc (DNLI) has around 445 employees, a market worth around $2.31B and $330.53M in sales. Profit margin for the company is -43.94%. Distance from 52-week low is 7.44% and -50.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.50%).

The EPS is expected to shrink by -144.22% this year

The shares outstanding are 138.39M, and float is at 112.29M with Short Float at 8.38%.

Denali Therapeutics Inc (DNLI) Insider Activity

The most recent transaction is an insider sale by SATO VICKI L, the company’s Director. SEC filings show that SATO VICKI L sold 1,666 shares of the company’s common stock on Apr 15 ’24 at a price of $18.29 per share for a total of $30471.0. Following the sale, the insider now owns 0.12 million shares.

Denali Therapeutics Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Krognes Steve E. (Director) sold a total of 92,500 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $20.50 per share for $1.9 million. Following the transaction, the insider now directly holds 47341.0 shares of the DNLI stock.

Still, SEC filings show that on Mar 15 ’24, SATO VICKI L (Director) disposed off 1,666 shares at an average price of $20.10 for $33487.0. The insider now directly holds 119,709 shares of Denali Therapeutics Inc (DNLI).

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