Digital Realty Trust Inc [NYSE: DLR] traded at a low on Wednesday, posting a -3.03 loss after which it closed the day’ session at $140.25.
The results of the trading session contributed to over 6514385 shares changing hands. Over the past one week, the price volatility of Digital Realty Trust Inc stands at 2.72% while the volatility over the past one month is 2.38%.
The market cap for DLR stock reached $43.82 billion, with 312.43 million shares outstanding and 312.04 million shares in the current float. Compared to the average trading volume of 2.02M shares, DLR reached a trading volume of 6514385 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Digital Realty Trust Inc [DLR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DLR shares is $147.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DLR stock is a recommendation set at 2.28. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Digital Realty Trust Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 09, 2024. The new note on the price target was released on February 16, 2024, representing the official price target for Digital Realty Trust Inc stock. Previously, the target price had yet another raise from $132 to $157, while Scotiabank kept a Sector Outperform rating on DLR stock.
The Average True Range (ATR) for Digital Realty Trust Inc is set at 3.97, with the Price to Sales ratio for DLR stock in the period of the last 12 months amounting to 8.01. The Price to Book ratio for the last quarter was 2.40, with the Price to Cash per share for the same quarter was set at 3.82.
How has DLR stock performed recently?
Digital Realty Trust Inc [DLR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.64. With this latest performance, DLR shares dropped by -3.86% in over the last four-week period, additionally plugging by 8.31% over the last 6 months – not to mention a rise of 44.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DLR stock in for the last two-week period is set at 48.37, with the RSI for the last a single of trading hit 47.26, and the three-weeks RSI is set at 48.84 for Digital Realty Trust Inc [DLR]. The present Moving Average for the last 50 days of trading for this stock 142.44, while it was recorded at 143.16 for the last single week of trading, and 133.36 for the last 200 days.
Insider trade positions for Digital Realty Trust Inc [DLR]
The top three institutional holders of DLR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DLR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DLR stock with ownership which is approximately 5.8386%.
