DTE Energy Company stock performance trend indicates that the stock price has rallied 2.19% 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 7.72% . Looking at the past 52 week period, the stock price is up at 13.49% . 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 DTE Energy Company has a positive value of 10.63 compared to overall market.DTE Energy Company is having a Relative Strength Index of 57.55 which indicates the stock is not yet over sold or over bought based on the technical indicators.
DTE Energy Company (NYSE:DTE) has climbed 0.64% in the past week and advanced 2.83% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.4% and the outperformance has advanced to 1.66% for the last 4 weeks period.
For the current week, the company shares have a recommendation consensus of Buy. DTE Energy Company (NYSE:DTE) : On Friday heightened volatility was witnessed in DTE Energy Company (NYSE:DTE) which led to swings in the share price. The stock opened for trading at $100.46 and hit $101.45 on the upside , eventually ending the session at $100.9, with a gain of 0.69% or 0.69 points. The heightened volatility saw the trading volume jump to 1,687,596 shares. The 52-week high of the share price is $102.96 and the company has a market cap of $18,100 million. The 52-week low of the share price is at $84.77 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.DTE Energy Co was Initiated by Credit Suisse to Neutral on Jan 25, 2017. DTE Energy Co was Downgraded by UBS on Jan 9, 2017 to Neutral, Price Target of the shares are set at $105.
Company has reported several Insider transactions to the SEC, on Mar 6, 2017, Lisa A. Muschong (VP, Corp Sec & Chief of Staff) sold 1,771 shares at 101.01 per share price.On Feb 22, 2017, Steven E Kurmas (Vice Chairman) sold 10,000 shares at 98.25 per share price.On Feb 21, 2017, Gerard M Anderson (Chairman and CEO) sold 17,000 shares at 98.19 per share price.
DTE Energy Co Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.81 EPS for the quarter, missing the analyst consensus estimate by $ -0.07. Analyst had a consensus of $0.88. The company had revenue of $2874.00 million for the quarter, compared to analysts expectations of $2805.65 million. The companys revenue was up 15.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS.
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its largest operating units are Detroit Edison, an electric utility serving 2.1 million customers in Southeastern Michigan, and MichCon, a natural gas utility serving 1.2 million customers in Michigan. Detroit Edison is the Companys principal operating subsidiary. Affiliates of the Company are engaged in non-regulated businesses, including energy-related services and products.