The stock price of Duke Energy Corporation (NYSE: DUK) has plunged by -1.41 when compared to previous closing price of 90.16, but the company has seen a -4.22% decline in its stock price over the last five trading sessions. MarketWatch.com reported on 02/08/23 that Biden claims green-job surge in State of the Union — is his boast justified?
Is It Worth Investing in Duke Energy Corporation (NYSE: DUK) Right Now?
Duke Energy Corporation (NYSE: DUK) has a higher price-to-earnings ratio of 17.45x compared to its average ratio, and the 36-month beta value for DUK is at 0.44. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for DUK is $108.85, which is $20.49 above the current market price. The public float for DUK is 769.27M, and currently, shorts hold a 1.04% of that float. The average trading volume for DUK on May 26, 2023 was 3.01M shares.
DUK’s Market Performance
DUK stock saw a decrease of -4.22% in the past week, with a monthly decline of -9.62% and a quarterly a decrease of -8.29%. The volatility ratio for the week is 1.67%, and the volatility levels for the last 30 days are 1.64% for Duke Energy Corporation (DUK). The simple moving average for the past 20 days is -7.52% for DUK’s stock, with a -10.43% simple moving average for the past 200 days.
DUK Trading at -8.06% from the 50-Day Moving Average
After a stumble in the market that brought DUK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.37% of loss for the given period.
Volatility was left at 1.64%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares sank -10.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.20% lower at present.
During the last 5 trading sessions, DUK fell by -4.22%, which changed the moving average for the period of 200-days by -19.05% in comparison to the 20-day moving average, which settled at $95.58. In addition, Duke Energy Corporation saw -13.69% 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 DUK starting from Renjel Louis E., who sale 1,900 shares at the price of $99.90 back on Feb 13. After this action, Renjel Louis E. now owns 9,967 shares of Duke Energy Corporation, valued at $189,812 using the latest closing price.
YOUNG STEVEN K, the EVP & CCO of Duke Energy Corporation, sale 415 shares at $100.84 during a trade that took place back on Dec 01, which means that YOUNG STEVEN K is holding 111,997 shares at $41,849 based on the most recent closing price.
Stock Fundamentals for DUK
Current profitability levels for the company are sitting at:
- +22.33 for the present operating margin
- +27.43 for the gross margin
The net margin for Duke Energy Corporation stands at +13.46. The total capital return value is set at 5.19, while invested capital returns managed to touch 3.40. Equity return is now at value 5.00, with 1.40 for asset returns.
Based on Duke Energy Corporation (DUK), the company’s capital structure generated 154.54 points at debt to equity in total, while total debt to capital is 60.71. Total debt to assets is 41.57, with long-term debt to equity ratio resting at 143.45. Finally, the long-term debt to capital ratio is 54.11.
When we switch over and look at the enterprise to sales, we see a ratio of 4.96, with the company’s debt to enterprise value settled at 0.48. The receivables turnover for the company is 7.17 and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In conclusion, Duke Energy Corporation (DUK) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
