While Dyne Therapeutics Inc has underperformed by -3.79%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DYN rose by 151.52%, with highs and lows ranging from $47.45 to $10.33, whereas the simple moving average fell by -13.54% in the last 200 days.
On November 26, 2024, RBC Capital Mkts started tracking Dyne Therapeutics Inc (NASDAQ: DYN) recommending Outperform. A report published by JP Morgan on October 24, 2024, Downgraded its rating to ‘Neutral’ for DYN. Chardan Capital Markets also reiterated DYN shares as ‘Buy’, quoting a target price of $42 on the company’s shares in a report dated May 21, 2024. Morgan Stanley Initiated an Overweight rating on April 30, 2024, and assigned a price target of $40. H.C. Wainwright initiated its ‘Buy’ rating for DYN, as published in its report on February 20, 2024. Raymond James’s report from February 27, 2023 suggests a price prediction of $27 for DYN shares, giving the stock a ‘Strong Buy’ rating. Oppenheimer also rated the stock as ‘Outperform’.
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Analysis of Dyne Therapeutics Inc (DYN)
To gain a thorough understanding of Dyne Therapeutics Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -68.69% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 17.02, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and DYN is recording an average volume of 1.31M. On a monthly basis, the volatility of the stock is set at 7.09%, whereas on a weekly basis, it is put at 5.61%, with a loss of -4.35% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.82, showing growth from the present price of $28.17, which can serve as yet another indication of whether DYN is worth investing in or should be passed over.
How Do You Analyze Dyne Therapeutics Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 24.34%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.88% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DYN shares are owned by institutional investors to the tune of 86.88% at present.
