In last trading session, Design Therapeutics Inc (NASDAQ:DSGN) saw 0.58 million shares changing hands with its beta currently measuring 1.84. Company’s recent per share price level of $6.25 trading at $0.26 or 4.34% at ring of the bell on the day assigns it a market valuation of $353.88M. That closing price of DSGN’s stock is at a discount of -24.32% from its 52-week high price of $7.77 and is indicating a premium of 64.16% from its 52-week low price of $2.24. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.25 million shares which gives us an average trading volume of 175.97K if we extend that period to 3-months.

For Design Therapeutics Inc (DSGN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.27 in the current quarter.

Design Therapeutics Inc (NASDAQ:DSGN) trade information

Upright in the green during last session for gaining 4.34%, in the last five days DSGN remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $6.25 price level, adding 3.1% to its value on the day. Design Therapeutics Inc’s shares saw a change of 135.85% in year-to-date performance and have moved 11.61% in past 5-day. Design Therapeutics Inc (NASDAQ:DSGN) showed a performance of 14.05% in past 30-days. Number of shares sold short was 2.71 million shares which calculate 19.61 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 37.5% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -12.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -12.0% for stock’s current value.

Design Therapeutics Inc (DSGN) estimates and forecasts

Statistics highlight that Design Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 86.01% of value to its shares in past 6 months, showing an annual growth rate of 23.53% while that of industry is 17.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -138.68% during past 5 years.

Design Therapeutics Inc (NASDAQ:DSGN)’s Major holders

Insiders are in possession of 36.45% of company’s total shares while institution are holding 56.85 percent of that, with stock having share float percentage of 89.47%. Investors also watch the number of corporate investors in a company very closely, which is 56.85% institutions for Design Therapeutics Inc that are currently holding shares of the company. PRICE T ROWE ASSOCIATES INC /MD/ is the top institutional holder at DSGN for having 7.29 million shares of worth $705.9 million. And as of 2024-06-30, it was holding 12.9041 of the company’s outstanding shares.

The second largest institutional holder is DURABLE CAPITAL PARTNERS LP, which was holding about 3.46 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.1179 of outstanding shares, having a total worth of $334.67 million.