Dominion Energy Inc (NYSE:D) shares, rose in value on Wednesday, January 22, with the stock price down by -5.33% to the previous day’s close as strong demand from buyers drove the stock to $52.93.
Actively observing the price movement in the last trading, the stock closed the session at $55.91, falling within a range of $52.855 and $55.47. The value of beta (5-year monthly) was 0.596 whereas the PE ratio was 18.88 over 12-month period. Referring to stock’s 52-week performance, its high was $61.97, and the low was $43.53. On the whole, D has fluctuated by 0.57% over the past month.
With the market capitalization of Dominion Energy Inc currently standing at about $44.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 2.67, with its dividend yield at 5.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.01B, with a low estimate of 3.49B and a high estimate of 4.4B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.87B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that D’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.40, with the price of D currently trading nearly -2.10% and -4.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.77, while the 7-day volatility ratio is showing 2.98% which for the 30-day chart, stands at 1.95%. Furthermore, Dominion Energy Inc (D)’s beta value is 0.61, and its average true range (ATR) is 1.19.
A comparison of Dominion Energy Inc (D) with its peers suggests the former has fared considerably weaker in the market. D showed an intraday change of -5.33% in last session, and over the past year, it grew by 16.79%%.
Data on historical trading for Dominion Energy Inc (NYSE:D) indicates that the trading volumes over the past 10 days have averaged 4.67 and over the past 3 months, they’ve averaged 4.52 million. According to company’s latest data on outstanding shares, there are 840.00 million shares outstanding.
Nearly 0.14% of Dominion Energy Inc’s shares belong to company insiders and institutional investors own 76.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.18 million shares as on 2024-12-31, resulting in a short ratio of 3.15. According to the data, the short interest in Dominion Energy Inc (D) stood at 169.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 17.06 million. The stock has fallen by -1.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the D stock heading into the next quarter.
