DTE Energy Company (DTE) Shares are Down -1.74%

DTE Energy Company (DTE) : During the past 4 weeks, traders have been relatively bearish on DTE Energy Company (DTE), hence the stock is down -5.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.71% relative to the S&P 500. The 4-week change in the price of the stock is -4.74% and the stock has fallen -1.74% in the past 1 week.

DTE Energy Company is up 7.61% in the last 3-month period. Year-to-Date the stock performance stands at 20%. The stock has recorded a 20-day Moving Average of 1.94% and the 50-Day Moving Average is 1.88%.


DTE Energy Company (NYSE:DTE): The stock opened at $96.28 on Friday but the bulls could not build on the opening and the stock topped out at $96.54 for the day. The stock traded down to $94.24 during the day, due to lack of any buying support eventually closed down at $94.70 with a loss of -2.05% for the day. The stock had closed at $96.68 on the previous day. The total traded volume was 1,443,409 shares.

Also, Equity Analysts at the Barclays maintains the rating on DTE Energy Company (NYSE:DTE). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency raises the price target from $91 per share to $97 per share. The rating by the firm was issued on April 7, 2016.

DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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