The stock of Duke Energy Corp. (NYSE:DUK) last traded at $102.84, down -0.49% from the previous session.
DUK stock price is now 5.82% away from the 50-day moving average and 10.07% away from the 200-day moving average. The market capitalization of the company currently stands at $79.37B.
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With the price target reduced from $105 to $96, BofA Securities Downgraded its rating from Buy to Neutral for Duke Energy Corp. (NYSE: DUK). On January 23, 2024, Evercore ISI Upgraded its previous ‘In-line’ rating to ‘Outperform’ on the stock increasing its target price from $90 to quote $108, while ‘RBC Capital Mkts’ rates the stock as ‘Outperform’
In other news, GOOD LYNN J, Chair & CEO sold 15,000 shares of the company’s stock on May 15 ’24. The stock was sold for $1,549,500 at an average price of $103.30. Upon completion of the transaction, the Chair & CEO now directly owns 437,464 shares in the company, valued at $44.99 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’24, Director MCKEE E MARIE sold 1,695 shares of the business’s stock. A total of $173,415 was realized by selling the stock at an average price of $102.31. This leaves the insider owning 4 shares of the company worth $411.36. A total of 0.16% of the company’s stock is owned by insiders.
During the past 12 months, Duke Energy Corp. has had a low of $83.06 and a high of $103.83. As of last week, the company has a debt-to-equity ratio of 1.66, a current ratio of 0.78, and a quick ratio of 0.50.
The net profit margin was 10.82% and return on equity was 8.89% for DUK. The company reported revenue of $7.67 billion for the quarter, compared to $7.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.43 percent.
