Understanding the 1.45% Volatility Levels of Duke Energy Corp.’s (DUK) Stock in the Past 30 Days

In the past week, DUK stock has gone up by 1.79%, with a monthly gain of 6.25% and a quarterly plunge of -0.52%. The volatility ratio for the week is 1.65%, and the volatility levels for the last 30 days are 1.45% for Duke Energy Corp. The simple moving average for the last 20 days is 1.77% for DUK stock, with a simple moving average of 4.50% for the last 200 days.

Is It Worth Investing in Duke Energy Corp. (NYSE: DUK) Right Now?

Duke Energy Corp. (NYSE: DUK) has a higher price-to-earnings ratio of 26.17x compared to its average ratio. DUK has 36-month beta value of 0.47. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 12 as “hold,” and 1 as “sell.”

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The public float for DUK is 770.30M, and currently, short sellers hold a 1.22% ratio of that float. The average trading volume of DUK on April 03, 2024 was 3.13M shares.

DUK) stock’s latest price update

Duke Energy Corp. (NYSE: DUK) has seen a rise in its stock price by 0.49 in relation to its previous close of 96.07. However, the company has experienced a 1.79% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that Duke Energy (DUK) closed at $96.07 in the latest trading session, marking a -0.66% move from the prior day.

Analysts’ Opinion of DUK

Many brokerage firms have already submitted their reports for DUK stocks, with BofA Securities repeating the rating for DUK by listing it as a “Neutral.” The predicted price for DUK in the upcoming period, according to BofA Securities is $96 based on the research report published on February 12, 2024 of the current year 2024.

Evercore ISI, on the other hand, stated in their research note that they expect to see DUK reach a price target of $108, previously predicting the price at $90. The rating they have provided for DUK stocks is “Outperform” according to the report published on January 23rd, 2024.

RBC Capital Mkts gave a rating of “Outperform” to DUK, setting the target price at $113 in the report published on January 10th of the current year.

DUK Trading at 2.58% 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 -3.84% of loss for the given period.

Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares surge +4.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.03% upper at present.

During the last 5 trading sessions, DUK rose by +1.79%, which changed the moving average for the period of 200-days by +6.26% in comparison to the 20-day moving average, which settled at $95.06. In addition, Duke Energy Corp. saw -0.52% 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 3,000 shares at the price of $92.57 back on Feb 12 ’24. After this action, Renjel Louis E. now owns 14,213 shares of Duke Energy Corp., valued at $277,707 using the latest closing price.

Ghartey-Tagoe Kodwo, the EVP, CLO & Corp Sec of Duke Energy Corp., sale 2,500 shares at $89.76 during a trade that took place back on Nov 21 ’23, which means that Ghartey-Tagoe Kodwo is holding 22,210 shares at $224,400 based on the most recent closing price.

Stock Fundamentals for DUK

Current profitability levels for the company are sitting at:

  • 0.24 for the present operating margin
  • 0.48 for the gross margin

The net margin for Duke Energy Corp. stands at 0.1. The total capital return value is set at 0.04. Equity return is now at value 8.67, with 2.33 for asset returns.

Based on Duke Energy Corp. (DUK), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.61. The interest coverage ratio of the stock is 2.34.

Currently, EBITDA for the company is 12.36 billion with net debt to EBITDA at 6.29. When we switch over and look at the enterprise to sales, we see a ratio of 5.33. The receivables turnover for the company is 7.03for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.

Conclusion

To put it simply, Duke Energy Corp. (DUK) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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