Dun & Bradstreet Holdings Inc (NYSE:DNB) shares, rose in value on Thursday, February 13, without any change to the previous day’s close as strong demand from buyers drove the stock to $10.69.
Actively observing the price movement in the last trading, the stock closed the session at $10.69. Referring to stock’s 52-week performance, its high was $12.94, and the low was $8.77. On the whole, DNB has fluctuated by -3.61% over the past month.
With the market capitalization of Dun & Bradstreet Holdings Inc currently standing at about $4.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.20, with its dividend yield at 1.87%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.41B, with a low estimate of 652M and a high estimate of 666.47M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 658.04M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DNB’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of DNB currently trading nearly -7.82% and -10.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.86, while the 7-day volatility ratio is showing 3.59% which for the 30-day chart, stands at 2.86%. Furthermore, Dun & Bradstreet Holdings Inc (DNB)’s beta value is 1.16, and its average true range (ATR) is 0.35.
A comparison of Dun & Bradstreet Holdings Inc (DNB) with its peers suggests the former has fared considerably weaker in the market. DNB showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -4.64%%.
Data on historical trading for Dun & Bradstreet Holdings Inc (NYSE:DNB) indicates that the trading volumes over the past 3 months, they’ve averaged 2.71 million. According to company’s latest data on outstanding shares, there are 441.57 million shares outstanding.
Nearly 32.84% of Dun & Bradstreet Holdings Inc’s shares belong to company insiders and institutional investors own 72.20% of the company’s shares. The stock has fallen by -14.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DNB stock heading into the next quarter.
