DuPont de Nemours Inc (NYSE: DD) Increases 1.93% Over A Month, But Analysts Still See Upside Potential

DuPont de Nemours Inc (NYSE:DD) currently has a daily average trading volume of 2.67M but it saw 6740056 shares traded in last market. With a market cap of 32.70B USD, the company’s current market price of $78.31 came rising about 8.01 while comparing to the previous closing price of $72.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $78.74 and as low as $61.14.

Taking a look at 20-day trading activity of DuPont de Nemours Inc (DD) gives us an average price of $74.56, while its current price level is -0.55% below from 52-week high level whereas it is 28.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $73.46 while that of 200 days or SMA-200 reads an average of $73.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.72% during that period while stretching the period over a month that decreases to 1.64%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 66.74 which implies that the stock is in neutral territory.

Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on January 24, 2024 while assigning a price target range of $85-$69. BMO Capital Markets issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $80 and $72.

Over the week, DD’s stock price is moving 5.88% up while it is 1.93% when we observe its performance for the past one month. Year-to-date it is 1.79% up and over the past year, the stock is showing an upside performance of 12.87%.

Currently, DuPont de Nemours Inc’s total number of outstanding shares is 430.11M. Company’s return on investment (ROI) stands at 1.30% and return on equity (ROE) at 1.94%. It has a price to earnings ratio (P/E ratio) of 84.60 while having a 18.67 of forward P/E ratio. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 1.39 while price to sale or P/S ratio amounts to 2.71. Its return on asset (ROA) is 1.24% on average.