Duke Energy Corp [DUK] Is Currently -0.68 below its 200 Period Moving Avg: What Does This Mean?

Duke Energy Corp [NYSE: DUK] traded at a low on Tuesday, posting a -0.68 loss after which it closed the day’ session at $117.70.

The results of the trading session contributed to over 6297350 shares changing hands. Over the past one week, the price volatility of Duke Energy Corp stands at 1.91% while the volatility over the past one month is 1.93%.

The market cap for DUK stock reached $91.39 billion, with 776.00 million shares outstanding and 774.96 million shares in the current float. Compared to the average trading volume of 3.48M shares, DUK reached a trading volume of 6297350 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Duke Energy Corp [DUK]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DUK shares is $123.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DUK stock is a recommendation set at 2.20. 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.

KeyBanc Capital Markets have made an estimate for Duke Energy Corp shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on October 22, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price from $116 to $121. The new note on the price target was released on October 15, 2024, representing the official price target for Duke Energy Corp stock. Previously, the target price had yet another raise to $138, while Jefferies analysts kept a Buy rating on DUK stock. On February 12, 2024, analysts decreased their price target for DUK shares from 105 to 96.

The Average True Range (ATR) for Duke Energy Corp is set at 2.16, with the Price to Sales ratio for DUK stock in the period of the last 12 months amounting to 3.01. The Price to Book ratio for the last quarter was 1.86, with the Price to Cash per share for the same quarter was set at 0.51. Price to Free Cash Flow for DUK in the course of the last twelve months was 1251.91 with Quick ratio for the last quarter at 0.44.

How has DUK stock performed recently?

Duke Energy Corp [DUK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.11. With this latest performance, DUK shares gained by 2.36% in over the last four-week period, additionally plugging by 0.94% over the last 6 months – not to mention a rise of 24.58% 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 DUK stock in for the last two-week period is set at 58.60, with the RSI for the last a single of trading hit 58.85, and the three-weeks RSI is set at 57.91 for Duke Energy Corp [DUK]. The present Moving Average for the last 50 days of trading for this stock 112.12, while it was recorded at 116.60 for the last single week of trading, and 110.96 for the last 200 days.

Duke Energy Corp [DUK]: Deeper insight into the fundamentals

Duke Energy Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.44 and a Current Ratio set at 0.67.

Earnings analysis for Duke Energy Corp [DUK]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DUK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Duke Energy Corp go to 6.71%.

Insider trade positions for Duke Energy Corp [DUK]

The top three institutional holders of DUK stocks are: VANGUARD GROUP INC with ownership of 71.23 million shares, which is approximately 9.2383%. BLACKROCK INC., holding 58.48 million shares of the stock with an approximate value of $$5.86 billion in DUK stocks shares; and BLACKROCK INC., currently with $$3.83 billion in DUK stock with ownership which is approximately 4.9467%.