DTE Energy Co (NYSE: DTE) Now $102.17 Higher From Its Low (18.06), Does It Still Have A Growth Story?

DTE Energy Co (NYSE:DTE) currently has a daily average trading volume of 1.29M but it saw 1103713 shares traded in last market. With a market cap of 24.90B USD, the company’s current market price of $120.23 came falling about -2.95 while comparing to the previous closing price of $123.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $131.66 and as low as $102.17. In the recent trading on the day, stock has struck highest price mark of $119.9 while lowest mark touched by it was $123.355.

Taking a look at 20-day trading activity of DTE Energy Co (DTE) gives us an average price of $120.83, while its current price level is -8.68% below from 52-week high level whereas it is 17.68% 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 $121.25 while that of 200 days or SMA-200 reads an average of $118.92. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.94% during that period while stretching the period over a month that decreases to 1.73%. 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 46.72 which implies that the stock is in neutral territory.

UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on December 03, 2024 while assigning a price target range of $129-$143. Jefferies issued its recommendations for the stock as it resumed the price target for the stock is $137.

Over the week, DTE’s stock price is moving 0.67% up while it is 2.30% when we observe its performance for the past one month. Year-to-date it is -0.43% down and over the past year, the stock is showing an upside performance of 15.03%.

Currently, DTE Energy Co’s total number of outstanding shares is 207.10M with 0.32% of that held by the insiders while 77.97% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.74% and return on equity (ROE) at 13.61%. It has a price to earnings ratio (P/E ratio) of 16.28 while having a 16.68 of forward P/E ratio. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 2.15 while price to sale or P/S ratio amounts to 2.05. Its return on asset (ROA) is 3.27% on average.