Denali Therapeutics Inc (NASDAQ:DNLI) price on current trading day, rose 12.12% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $12.86.
A look at the stock’s price movement, the close in the last trading session was $11.47, moving within a range at $10.8 and $13.36. The beta value (5-Year monthly) was 1.578. Turning to its 52-week performance, $33.33 and $10.57 were the 52-week high and 52-week low respectively. Overall, DNLI moved -14.49% over the past month.
Denali Therapeutics Inc’s market cap currently stands at around $1.87 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DNLI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend DNLI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DNLI’s current price about -6.69% and -26.15% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.96, while 7-day volatility ratio is 13.04% and 8.43% in the 30-day chart. Further, Denali Therapeutics Inc (DNLI) has a beta value of 1.50, and an average true range (ATR) of 1.30. Analysts have given the company’s stock an average 52-week price target of $38.5, forecast between a low of $32 and high of $45. Looking at the price targets, the low is -148.83% off current price level while to achieve the yearly target high, price needs to move -249.92%. Nonetheless, investors will most likely welcome a -199.38% jump to $38.5 which is the analysts’ median price.
If we refocus on Denali Therapeutics Inc (NASDAQ:DNLI), historical trading data shows that trading volumes averaged 2.19 over the past 10 days and 1.24 million over the past 3 months. The company’s latest data on shares outstanding shows there are 142.63 million shares.
The 13.43% of Denali Therapeutics Inc’s shares are in the hands of company insiders while institutional holders own 88.02% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.51 million on 2025-03-14, giving us a short ratio of 8.02. The data shows that as of 2025-03-14 short interest in Denali Therapeutics Inc (DNLI) stood at 845.0000000000001 of shares outstanding, with shares short rising to 8.69 million registered in 2025-02-14. Current price change has pushed the stock -36.90% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DNLI stock continues to rise going into the next quarter.
