In yesterday’s Wall Street session, Dominion Energy Inc (NYSE:D) shares traded at $53.22, up 0.72% from the previous session.
D stock price is now 7.75% away from the 50-day moving average and 13.30% away from the 200-day moving average. The market capitalization of the company currently stands at $44.61B.
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With the price target enhanced from $43 to $54, BofA Securities Upgraded its rating from Underperform to Neutral for Dominion Energy Inc (NYSE: D). On March 11, 2024, BMO Capital Markets Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock keeping its target price maintained at $49, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, RIGBY JOSEPH M, Director bought 2,130 shares of the company’s stock on Mar 06 ’24. The stock was bought for $99,998 at an average price of $46.94. Upon completion of the transaction, the Director now directly owns 8,417 shares in the company, valued at $0.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, Chair, President and CEO BLUE ROBERT M bought 21,735 shares of the business’s stock. A total of $997,891 was incurred on buying the stock at an average price of $45.91. This leaves the insider owning 176,240 shares of the company worth $9.38 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Dominion Energy Inc has had a low of $39.18 and a high of $55.41. As of last week, the company has a debt-to-equity ratio of 1.51, a current ratio of 1.05, and a quick ratio of 0.94.
The net profit margin was 11.06% and return on equity was 7.73% for D. The company reported revenue of $3.63 billion for the quarter, compared to $3.88 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.46 percent.
