Duke Energy Corp (DUK) Down -9.97% From Its 52-Week High, But Growth Potential Is Changing Over Time

Duke Energy Corp (NYSE:DUK) currently has a daily average trading volume of 3.33M but it saw 3060976 shares traded in last market. With a market cap of 84.32B USD, the company’s current market price of $109.16 came falling about -0.39 while comparing to the previous closing price of $109.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $121.25 and as low as $90.09. In the recent trading on the day, stock has struck highest price mark of $108.77 while lowest mark touched by it was $110.32.

Taking a look at 20-day trading activity of Duke Energy Corp (DUK) gives us an average price of $113.49, while its current price level is -9.97% below from 52-week high level whereas it is 21.17% 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 $114.45 while that of 200 days or SMA-200 reads an average of $106.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.58% during that period while stretching the period over a month that decreases to 1.52%. 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 33.09 which implies that the stock is in neutral territory.

Mizuho upgraded its recommendation for the stock as a “Outperform” from “Neutral” on October 15, 2024 while assigning a price target range of $116-$121. Jefferies issued its recommendations for the stock as it initiated the price target for the stock is $138.

Over the week, DUK’s stock price is moving -4.25% down while it is -2.43% when we observe its performance for the past one month. Year-to-date it is 12.49% up and over the past year, the stock is showing an upside performance of 14.51%.

Currently, Duke Energy Corp’s total number of outstanding shares is 772.00M. Company’s return on investment (ROI) stands at 3.39% and return on equity (ROE) at 9.01%. It has a price to earnings ratio (P/E ratio) of 19.65 while having a 17.20 of forward P/E ratio. Stock’s beta reads 0.46. Stock has a price to book (P/B) ratio of 1.75 while price to sale or P/S ratio amounts to 2.79. Its return on asset (ROA) is 2.42% on average.