Dyne Therapeutics (NASDAQ:DYN – Get Free Report) announced its earnings results on Monday. The company reported ($0.70) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.02, Zacks reports.
Dyne Therapeutics Stock Performance
Shares of NASDAQ DYN traded up $0.12 during trading hours on Wednesday, hitting $43.76. The stock had a trading volume of 157,285 shares, compared to its average volume of 1,581,901. The company has a market capitalization of $3.82 billion, a P/E ratio of -11.02 and a beta of 1.07. The firm’s 50-day moving average price is $38.13 and its two-hundred day moving average price is $30.47. Dyne Therapeutics has a 52 week low of $6.40 and a 52 week high of $45.46.
Insider Activity at Dyne Therapeutics
In related news, insider Oxana Beskrovnaya sold 2,705 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $28.27, for a total value of $76,470.35. Following the completion of the sale, the insider now owns 149,647 shares of the company’s stock, valued at approximately $4,230,520.69. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, COO Susanna Gatti High sold 2,738 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $28.27, for a total value of $77,403.26. Following the completion of the sale, the chief operating officer now directly owns 154,062 shares in the company, valued at approximately $4,355,332.74. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Oxana Beskrovnaya sold 2,705 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $28.27, for a total value of $76,470.35. Following the completion of the sale, the insider now owns 149,647 shares of the company’s stock, valued at $4,230,520.69. The disclosure for this sale can be found here. In the last quarter, insiders sold 202,133 shares of company stock valued at $6,500,387. 20.77% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
View Our Latest Analysis on DYN
About Dyne Therapeutics
Dyne Therapeutics, Inc, a clinical-stage muscle disease company, operates as a biotechnology company that focuses on advancing therapeutics for genetically driven muscle diseases in the United States. It is developing a portfolio of muscle disease therapeutics, including programs in myotonic dystrophy type 1; duchenne muscular dystrophy; and facioscapulohumeral dystrophy, as well as rare skeletal muscle, and cardiac and metabolic muscle diseases using its FORCE platform that delivers disease-modifying therapeutics.
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