Donaldson Co. Inc (NYSE:DCI) shares, rose in value on Friday, May 30, with the stock price down by -0.27% to the previous day’s close as strong demand from buyers drove the stock to $69.55.
Actively observing the price movement in the last trading, the stock closed the session at $69.74. The PE ratio was 20.33 over 12-month period. Referring to stock’s 52-week performance, its high was $78.95, and the low was $57.45. On the whole, DCI has fluctuated by 5.81% over the past month.
With the market capitalization of Donaldson Co. Inc currently standing at about $8.31 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.08, with its dividend yield at 1.55%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DCI’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 3.03, with the price of DCI currently trading nearly 0.87% and 4.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.15, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 1.58%. Furthermore, Donaldson Co. Inc (DCI)’s beta value is 1.00, and its average true range (ATR) is 1.34.
A comparison of Donaldson Co. Inc (DCI) with its peers suggests the former has fared considerably weaker in the market. DCI showed an intraday change of -0.27% in last session, and over the past year, it shrunk by -4.53%%.
Data on historical trading for Donaldson Co. Inc (NYSE:DCI) indicates that the trading volumes over the past 3 months, they’ve averaged 648.68K. According to company’s latest data on outstanding shares, there are 119.52 million shares outstanding.
Nearly 0.59% of Donaldson Co. Inc’s shares belong to company insiders and institutional investors own 88.25% of the company’s shares. The stock has risen by 3.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DCI stock heading into the next quarter.
