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Is a Correction Looming Ahead for Digital Realty Trust Inc. (DLR)

Digital Realty Trust Inc. (NYSE:DLR) went up by 0.05% from its latest closing price compared to the recent 1-year high of $178.22. The company’s stock price has collected -5.47% of loss in the last five trading sessions.

Is It Worth Investing in Digital Realty Trust Inc. (NYSE :DLR) Right Now?

Digital Realty Trust Inc. (NYSE:DLR) scored a price-to-earnings ratio above its average ratio, recording 26.84 x from its present earnings ratio. Plus, the 36-month beta value for DLR is at 0.34. Opinions of the stock are interesting as 15 analysts out of 24 who provided ratings for Digital Realty Trust Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $157.35, which is $27.45 above the current price. DLR currently public float of 284.29M and currently shorts hold a 3.27% ratio of that float. Today, the average trading volume of DLR was 1.60M shares.

DLR’s Market Performance

DLR stocks went down by -5.47% for the week, with a monthly jump of 0.81% and a quarterly performance of -10.52%, while its annual performance rate touched -16.99%. The volatility ratio for the week stands at 2.30% while the volatility levels for the past 30 days are set at 2.36% for Digital Realty Trust Inc. The simple moving average for the period of the last 20 days is 2.22% for DLR stocks with a simple moving average of -11.07% for the last 200 days.

Analysts’ Opinion of DLR

Many brokerage firms have already submitted their reports for DLR stocks, with Jefferies repeating the rating for DLR by listing it as a “Buy.” The predicted price for DLR in the upcoming period, according to Jefferies is $160 based on the research report published on June 30th of the current year 2022.

Deutsche Bank, on the other hand, stated in their research note that they expect to see DLR reach a price target of $144, previously predicting the price at $150. The rating they have provided for DLR stocks is “Buy” according to the report published on June 15th, 2022.

Wells Fargo gave a rating of “Overweight” to DLR, setting the target price at $155 in the report published on February 18th of the current year.

DLR Trading at -0.78% from the 50-Day Moving Average

After a stumble in the market that brought DLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.37% of loss for the given period.

Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 2.30%, as shares surge +0.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.06% lower at present.

During the last 5 trading sessions, DLR fell by -5.47%, which changed the moving average for the period of 200-days by -12.27% in comparison to the 20-day moving average, which settled at $126.68. In addition, Digital Realty Trust Inc. saw -26.82% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DLR starting from Corey Dyer, who sale 2,504 shares at the price of $137.27 back on Jun 24. After this action, Corey Dyer now owns 11,689 shares of Digital Realty Trust Inc., valued at $343,724 using the latest closing price.

RUBERG DAVID C, the EVP, STRATEGIC ADVISOR of Digital Realty Trust Inc., sale 25,000 shares at $139.68 during a trade that took place back on May 27, which means that RUBERG DAVID C is holding 175,000 shares at $3,492,000 based on the most recent closing price.

Stock Fundamentals for DLR

Current profitability levels for the company are sitting at:

  • +17.16 for the present operating margin
  • +26.26 for the gross margin

The net margin for Digital Realty Trust Inc. stands at +38.60. Equity return is now at value 10.00, with 4.60 for asset returns.

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