Douglas Emmett Inc (NYSE: DEI) Stock Increased 1.81% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Douglas Emmett Inc (NYSE:DEI) does about 1.66M shares in volume on a normal day but saw 1162035 shares change hands in Friday’s trading. The company now has a market cap of 2.36B USD. Its current market price is $14.10, marking a decrease of -0.49% compared to the previous close of $14.17. The 52 week high reached by this stock is $16.12 whilst the lowest price level in 52 weeks is $10.09.

Douglas Emmett Inc (DEI) has a 20-day trading average at $13.52 and the current price is -12.55% off the 52-week high compared with 39.81% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.49 and its 200-day simple moving average is $13.30. If we look at the stock’s price movements over the week, volatility stands at 3.15%, which decreases to 3.03% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.49 to suggest the stock is neutral.

The consensus objective for the share price is $13.88, suggesting that the stock has a potential downside of -1.59% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 02, 2024 when Jefferies upgraded the stock to “Hold” and issued a price target of between $10 and $15.

Douglas Emmett Inc (DEI) stock is up 1.81% over the week and 4.52% over the past month. Its price is -2.76% year-to-date and 22.61% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -1.59 percent from here.

The company has a return on investment of -0.76% and return on equity of -2.27%. The beta has a value of 1.10. Price to book ratio is 1.07 and price to sales ratio is 2.33.