DuPont de Nemours Inc (NYSE:DD) shares, rose in value, with the stock price down by -1.70% to the previous day’s close as strong demand from buyers drove the stock to $68.09.
Actively observing the price movement in the last trading, the stock closed the session at $69.27. Referring to stock’s 52-week performance, its high was $90.06, and the low was $53.77. On the whole, DD has fluctuated by 3.69% over the past month.
With the market capitalization of DuPont de Nemours Inc currently standing at about $28.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.55, with its dividend yield at 2.28%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 12.78B, with a low estimate of 3.2B and a high estimate of 3.26B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 3.23B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DD’s technical picture suggests that short-term indicators denote the stock is a Hold 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 100% Sell.
The stock’s technical analysis shows that the price of DD currently trading nearly 0.60% and 0.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.69, while the 7-day volatility ratio is showing 1.72% which for the 30-day chart, stands at 2.16%. Furthermore, DuPont de Nemours Inc (DD)’s beta value is 1.05, and its average true range (ATR) is 1.95.
A comparison of DuPont de Nemours Inc (DD) with its peers suggests the former has fared considerably weaker in the market. DD showed an intraday change of -1.70% in last session, and over the past year, it shrunk by -13.73%%.
Data on historical trading for DuPont de Nemours Inc (NYSE:DD) indicates that the trading volumes over the past 3 months, they’ve averaged 3.32 million. According to company’s latest data on outstanding shares, there are 418.50 million shares outstanding.
Nearly 0.26% of DuPont de Nemours Inc’s shares belong to company insiders and institutional investors own 72.93% of the company’s shares. The stock has fallen by -10.70% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DD stock heading into the next quarter.
