Duke Energy Corporation (DUK) has been under a strong bear grip, hence the stock is down -0.48% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.59% in the past 1 week. The stock has risen by 2.13% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.5% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.87% and the 50-Day Moving Average is 3.57%.The 200 Day SMA reached 3.35% Duke Energy Corporation has dropped 3.08% during the last 3-month period . Year-to-Date the stock performance stands at 15.03%.
Duke Energy Corporation (DUK) : The highest level Duke Energy Corporation (DUK) is projected to reach is $88 for the short term and the lowest estimate is at $74. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $82.44 and the possibility the share price can swing is $5.15.
Company shares have received an average consensus rating of Hold for the current week Duke Energy Corporation (NYSE:DUK): The stock opened at $78.54 and touched an intraday high of $79.68 on Friday. During the day, the stock corrected to an intraday low of $78.45, however, the bulls stepped in and pushed the price higher to close in the green at $79.61 with a gain of 0.70% for the day. The total traded volume for the day was 5,058,225. The stock had closed at $79.06 in the previous trading session.
Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.