Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Dyne Therapeutics Inc shares valued at $65,632 were sold by Beskrovnaya Oxana on Dec 11 ’24. At $28.12 per share, Beskrovnaya Oxana sold 2,334 shares. The insider’s holdings dropped to 201,685 shares worth approximately $2.98 million following the completion of this transaction.
Also, Scalzo Richard William sold 1,455 shares, netting a total of over 40,915 in proceeds. Following the sale of shares at $28.12 each, the insider now holds 127,078 shares.
Before that, HIGH SUSANNA GATTI had added 5,270 shares to its account. In a trade valued at $149,299, the Officer bought Dyne Therapeutics Inc shares for $28.33 each.
As published in their initiating research note from Robert W. Baird on December 13, 2024, Dyne Therapeutics Inc [DYN] has been an Outperform and the price target has been revised to $46. Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in late November. As of October 24, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for DYN. Earlier on May 21, 2024, Chardan Capital Markets resumed its rating. Their recommendation was “a Buy” for DYN stock.
Analyzing DYN Stock Performance
During the last five days, there has been a drop of approximately -35.92%. Over the course of the year, Dyne Therapeutics Inc shares have dropped approximately -37.31%. Shares of the company reached a 52-week high of $26.22 on 01/02/25 and a 52-week low of $14.48 on 01/16/25. A 50-day SMA is recorded $26.21, while a 200-day SMA reached $32.21. Nevertheless, trading volume fell to 2.29 million shares from 3.29 million shares the previous day.
Support And Resistance Levels for Dyne Therapeutics Inc (DYN)
According to the 24-hour chart, there is a support level at 14.29, which, if violated, would cause prices to drop to 13.82. In the upper region, resistance lies at 15.43. The next price resistance is at 16.10. RSI (Relative Strength Index) is 20.50 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.87, which suggests the price will decrease in the coming days. Percent R is at 97.53%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
