The stock of Duke Energy Corp (NYSE:DUK) last traded at $115.94, up 3.09% from the previous session.
DUK stock price is now -2.76% away from the 50-day moving average and 1.05% away from the 200-day moving average. The market capitalization of the company currently stands at $90.12B.
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 $5.3 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 $8.09 million. A total of 0.20% 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. The company reported revenue of $8.25 billion for the quarter, compared to $7.67 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.53 percent.
