Digital Realty Trust, Inc. stock performance trend indicates that the stock price has rallied 6.79% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.94% . Looking at the past 52 week period, the stock price is up at 16.34% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Digital Realty Trust, Inc. has a positive value of 22.34 compared to overall market.Digital Realty Trust, Inc. is having a Relative Strength Index of 43.17 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Digital Realty Trust, Inc. (NYSE:DLR) has tumbled 0.97% during the past week and has dropped 1.21% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.21%. Digital Realty Trust, Inc. (NYSE:DLR) has underperformed the index by 2.34% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. Digital Realty Trust, Inc. (NYSE:DLR) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.52 points or 0.5% at $102.89 with 1,790,746 shares getting traded. Post opening the session at $103.6, the shares hit an intraday low of $102.88 and an intraday high of $104.28 and the price was in this range throughout the day. The company has a market cap of $16,387 million and the number of outstanding shares has been calculated to be 159,267,320 shares. The 52-week high of Digital Realty Trust, Inc. (NYSE:DLR) is $113.21 and the 52-week low is $85.5.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Feb 17, 2017 to Hold, Raises Price Target to $ 110 from a previous price target of $100 .Digital Realty Trust was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 106 from a previous price target of $108 .
Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Joshua A. Mills (SVP & General Counsel) sold 9,239 shares at 102.50 per share price.On Sep 16, 2016, Edward F Sham (Sr. Vice President, Controller) sold 14,701 shares at 92.62 per share price.On May 6, 2016, Bernard Geoghegan (Managing Director, EMEA & APAC) sold 586 shares at 90.70 per share price.
Digital Realty Trust Last issued its quarterly earnings results on Feb 16, 2017. The company reported $1.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.15. Analyst had a consensus of $1.43. The company had revenue of $577.00 million for the quarter, compared to analysts expectations of $550.64 million. The companys revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.
Digital Realty Trust owns, acquires, repositions and manages technology-related real estate. The Companys properties contain applications and operations critical to the day-to-day operations of technology industry tenants.