Dyne Therapeutics Inc (NASDAQ: DYN) is 153.83% higher on its value in year-to-date trading and has touched a low of $6.40 and a high of $47.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DYN stock was last observed hovering at around $31.94 in the last trading session, with the day’s gains setting it 1.82%.
Currently trading at $33.76, the stock is -23.55% and -18.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.16 million and changing 5.70% at the moment leaves the stock 23.52% off its SMA200. DYN registered 186.83% gain for a year compared to 6-month gain of 30.50%.
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The stock witnessed a -18.08% loss in the last 1 month and extending the period to 3 months gives it a 7.48%, and is -23.33% 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 12.81% over the week and 6.80% over the month.
Dyne Therapeutics Inc (DYN) has around 141 employees, a market worth around $3.39B and $0.00M in sales. Distance from 52-week low is 427.50% and -28.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.36%).
The EPS is expected to grow by 24.64% this year
269.0 institutions hold shares in Dyne Therapeutics Inc (DYN), with institutional investors hold 113.24% of the company’s shares. The shares outstanding are 100.40M, and float is at 74.33M with Short Float at 9.93%. Institutions hold 112.79% of the Float.
The top institutional shareholder in the company is ATLAS VENTURE LIFE SCIENCE ADVISORS, LLC with over 8.02 million shares valued at $283.03 million. The investor’s holdings represent 9.8961 of the DYN Shares outstanding. As of 2024-06-30, the second largest holder is FCPM III SERVICES B.V. with 7.85 million shares valued at $276.86 million to account for 9.6804 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.39 million shares representing 9.1148 and valued at over $260.69 million, while RTW INVESTMENTS, LP holds 7.8811 of the shares totaling 6.39 million with a market value of $225.4 million.
Dyne Therapeutics Inc (DYN) Insider Activity
The most recent transaction is an insider purchase by Cox John, the company’s CEO & President. SEC filings show that Cox John bought 32,000 shares of the company’s common stock on Sep 04 ’24 at a price of $33.04 per share for a total of $1.06 million. Following the purchase, the insider now owns 8000.0 shares.
Dyne Therapeutics Inc disclosed in a document filed with the SEC on Aug 30 ’24 that Kersten Dirk (Director) sold a total of 31,300 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $45.59 per share for $1.43 million. Following the transaction, the insider now directly holds 0.4 million shares of the DYN stock.
Still, SEC filings show that on Aug 28 ’24, Kersten Dirk (Director) disposed off 77,853 shares at an average price of $44.83 for $3.49 million. The insider now directly holds 487,708 shares of Dyne Therapeutics Inc (DYN).
