Day One Biopharmaceuticals Inc (NASDAQ: DAWN) has seen a decline in its stock price by -3.57 in relation to its previous close of 14.85. However, the company has experienced a -9.14% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-06 that The mean of analysts’ price targets for Day One Biopharmaceuticals (DAWN) points to a 136.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Is It Worth Investing in Day One Biopharmaceuticals Inc (NASDAQ: DAWN) Right Now?
Company’s 36-month beta value is -1.50.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for DAWN is 68.17M, and currently, short sellers hold a 26.43% ratio of that floaft. The average trading volume of DAWN on November 15, 2024 was 1.03M shares.
DAWN’s Market Performance
The stock of Day One Biopharmaceuticals Inc (DAWN) has seen a -9.14% decrease in the past week, with a -4.60% drop in the past month, and a 2.87% gain in the past quarter. The volatility ratio for the week is 5.66%, and the volatility levels for the past 30 days are at 5.12% for DAWN. The simple moving average for the past 20 days is -4.11% for DAWN’s stock, with a -2.35% simple moving average for the past 200 days.
Analysts’ Opinion of DAWN
Many brokerage firms have already submitted their reports for DAWN stocks, with Needham repeating the rating for DAWN by listing it as a “Buy.” The predicted price for DAWN in the upcoming period, according to Needham is $33 based on the research report published on October 09, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see DAWN reach a price target of $24, previously predicting the price at $11. The rating they have provided for DAWN stocks is “Buy” according to the report published on August 01st, 2024.
Needham gave a rating of “Buy” to DAWN, setting the target price at $33 in the report published on April 24th of the current year.
DAWN Trading at -0.84% 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 5.12%, however, over the last 30 days, the volatility rate increased by 5.66%, as shares sank -5.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.24% lower at present.
During the last 5 trading sessions, DAWN fell by -9.14%, which changed the moving average for the period of 200-days by -4.85% in comparison to the 20-day moving average, which settled at $14.93. 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 18,255 shares at the price of $16.17 back on Nov 08 ’24. After this action, Blackman Samuel C. now owns 1,067,535 shares of Day One Biopharmaceuticals Inc, valued at $295,229 using the latest closing price.
Blackman Samuel C., the HEAD OF R&D of Day One Biopharmaceuticals Inc, sale 10,000 shares at $16.10 during a trade that took place back on Nov 11 ’24, which means that Blackman Samuel C. is holding 1,057,535 shares at $160,994 based on the most recent closing price.
Stock Fundamentals for DAWN
Current profitability levels for the company are sitting at:
- -7.34 for the present operating margin
- 0.91 for the gross margin
The net margin for Day One Biopharmaceuticals Inc stands at -2.92. The total capital return value is set at -0.38. Equity return is now at value -17.84, with -16.61 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 -1162.04. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -61.08.
Currently, EBITDA for the company is -206.06 million with net debt to EBITDA at 1.99. When we switch over and look at the enterprise to sales, we see a ratio of 35.53. The receivables turnover for the company is 3.31for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 14.62.
Conclusion
In a nutshell, Day One Biopharmaceuticals Inc (DAWN) has experienced a mixed performance in recent times. The stock has received mixed “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.
