Is Duke Energy Corp [DUK] a good investment? Don’t be fooled by its recent momentum

The price of Duke Energy Corp (NYSE:DUK) shares last traded on Wall Street rose 0.80% to $117.28.

DUK stock price is now -0.89% away from the 50-day moving average and 1.90% away from the 200-day moving average. The market capitalization of the company currently stands at $91.16B.

On October 15, 2024, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock increasing its target price from $116 to quote $121, while ‘Jefferies’ rates the stock as ‘Buy’

In other news, Ghartey-Tagoe Kodwo, EVP, CLO & Corp Sec sold 9,007 shares of the company’s stock on Feb 28 ’25. The stock was sold for $1,054,720 at an average price of $117.10. Upon completion of the transaction, the EVP, CLO & Corp Sec now directly owns 45,709 shares in the company, valued at $5.36 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, EVP&CEO, Duke Energy Carolinas JANSON JULIA S sold 10,000 shares of the business’s stock. A total of $1,160,866 was realized by selling the stock at an average price of $116.09. This leaves the insider owning 69,768 shares of the company worth $8.18 million. A total of 0.19% of the company’s stock is owned by insiders.

During the past 12 months, Duke Energy Corp has had a low of $99.21 and a high of $125.27. As of last week, the company has a debt-to-equity ratio of 1.73, a current ratio of 0.77, and a quick ratio of 0.50.

The net profit margin was 15.00% and return on equity was 9.48% for DUK.

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