In the past week, DAWN stock has gone up by 4.75%, with a monthly gain of 2.95% and a quarterly surge of 9.15%. The volatility ratio for the week is 4.25%, and the volatility levels for the last 30 days are 4.02% for Day One Biopharmaceuticals Inc The simple moving average for the last 20 days is 2.40% for DAWN’s stock, with a simple moving average of -1.44% for the last 200 days.
Is It Worth Investing in Day One Biopharmaceuticals Inc (NASDAQ: DAWN) Right Now?
Moreover, the 36-month beta value for DAWN is -1.51. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 1 as “sell.”
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The public float for DAWN is 59.32M and currently, short sellers hold a 23.73% of that float. On September 20, 2024, DAWN’s average trading volume was 973.53K shares.
DAWN) stock’s latest price update
Day One Biopharmaceuticals Inc (NASDAQ: DAWN) has experienced a rise in its stock price by 3.84 compared to its previous closing price of 13.79. However, the company has seen a gain of 4.75% in its stock price over the last five trading days. investorplace.com reported 2024-08-14 that When volatility strikes the stock market as it sets new highs, investors get nervous. Wild swings in price can often signal a market top.
Analysts’ Opinion of DAWN
Many brokerage firms have already submitted their reports for DAWN stocks, with BofA Securities repeating the rating for DAWN by listing it as a “Buy.” The predicted price for DAWN in the upcoming period, according to BofA Securities is $24 based on the research report published on August 01, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see DAWN reach a price target of $33, previously predicting the price at $30. The rating they have provided for DAWN stocks is “Buy” according to the report published on April 24th, 2024.
BofA Securities gave a rating of “Underperform” to DAWN, setting the target price at $9 in the report published on April 25th of the previous year.
DAWN Trading at 0.13% from the 50-Day Moving Average
After a stumble in the market that brought DAWN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.75% of loss for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 4.25%, as shares surge +0.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.65% lower at present.
During the last 5 trading sessions, DAWN rose by +4.75%, which changed the moving average for the period of 200-days by +16.80% in comparison to the 20-day moving average, which settled at $13.99. In addition, Day One Biopharmaceuticals Inc saw -1.92% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DAWN starting from Blackman Samuel C., who sale 30,000 shares at the price of $14.22 back on Sep 10 ’24. After this action, Blackman Samuel C. now owns 1,097,535 shares of Day One Biopharmaceuticals Inc, valued at $426,675 using the latest closing price.
Dubow Adam, the GENERAL COUNSEL of Day One Biopharmaceuticals Inc, sale 3,202 shares at $14.00 during a trade that took place back on Aug 16 ’24, which means that Dubow Adam is holding 26,928 shares at $44,825 based on the most recent closing price.
Stock Fundamentals for DAWN
Current profitability levels for the company are sitting at:
- -33.42 for the present operating margin
- 0.86 for the gross margin
The net margin for Day One Biopharmaceuticals Inc stands at -19.14. The total capital return value is set at -0.95. Equity return is now at value -45.71, with -39.35 for asset returns.
Based on Day One Biopharmaceuticals Inc (DAWN), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -933.13. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -84.5.
Currently, EBITDA for the company is -205.68 million with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 116.24. The receivables turnover for the company is 0.96for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.09.
Conclusion
To wrap up, the performance of Day One Biopharmaceuticals Inc (DAWN) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
