At the time of writing, Dyne Therapeutics Inc [DYN] stock is trading at $35.92, up 6.18%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DYN shares have gain 3.73% over the last week, with a monthly amount drifted -20.64%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Dyne Therapeutics Inc [NASDAQ: DYN] stock has seen the most recent analyst activity on May 21, 2024, when Chardan Capital Markets reiterated its Buy rating and also boosted its price target to $42 from $31. Previously, Morgan Stanley started tracking the stock with Overweight rating on April 30, 2024, and set its price target to $40. On February 20, 2024, H.C. Wainwright initiated with a Buy rating and assigned a price target of $36 on the stock. Raymond James upgraded its rating to a Strong Buy and increased its price target to $27 on February 27, 2023. Oppenheimer initiated its recommendation with a Outperform and recommended $34 as its price target on February 15, 2023. Guggenheim started tracking with a Buy rating for this stock on January 26, 2023, and assigned it a price target of $33. In a note dated July 20, 2022, Chardan Capital Markets initiated an Buy rating and provided a target price of $17 on this stock.
For the past year, the stock price of Dyne Therapeutics Inc fluctuated between $6.40 and $47.45. Currently, Wall Street analysts expect the stock to reach $43.88 within the next 12 months. Dyne Therapeutics Inc [NASDAQ: DYN] shares were valued at $35.92 at the most recent close of the market. An investor can expect a potential return of 22.16% based on the average DYN price forecast.
Analyzing the DYN fundamentals
Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -71.56%, Pretax Profit Margin comes in at -68.0%, and Net Profit Margin reading is -68.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.31, Equity is -0.69 and Total Capital is -0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 34.22 points at the first support level, and at 32.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.86, and for the 2nd resistance point, it is at 37.79.
Ratios To Look Out For
It is important to note that Dyne Therapeutics Inc [NASDAQ:DYN] has a current ratio of 26.63. In addition, the Quick Ratio stands at 26.63 and the Cash Ratio stands at 20.44.
Transactions by insiders
Recent insider trading involved Kersten Dirk, Director, that happened on Sep 25 ’24 when 2357.0 shares were sold. Director, Kersten Dirk completed a deal on Sep 26 ’24 to sell 1260.0 shares. Meanwhile, Director Kersten Dirk sold 79411.0 shares on Sep 20 ’24.
