DTE Energy Company (DTE) Shares are Up 2.81%

DTE Energy Company (DTE) : Traders are bullish on DTE Energy Company (DTE) as it has outperformed the S&P 500 by a wide margin of 0.84% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.27%, relative to the S&P 500. The stock has risen by 2.81% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.2% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.82% and the 50-Day Moving Average is 1.42%.The 200 Day SMA reached 6.69% DTE Energy Company has dropped 0.04% during the last 3-month period . Year-to-Date the stock performance stands at 19.55%.


DTE Energy Company (DTE) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $108 and the lowest price target forecast is $96. The average forecast of all the analysts is $102.25 and the expected standard deviation is $5.32.

For the current week, the company shares have a recommendation consensus of Buy. DTE Energy Company (NYSE:DTE): The stock opened at $92.08 and touched an intraday high of $93.68 on Friday. During the day, the stock corrected to an intraday low of $91.57, however, the bulls stepped in and pushed the price higher to close in the green at $93.56 with a gain of 1.34% for the day. The total traded volume for the day was 1,513,406. The stock had closed at $92.32 in the previous trading session.

DTE Energy Company (DTE) is an energy company. The Companys other businesses are involved in natural gas pipelines, gathering and storage, power and industrial projects, and energy marketing and trading operations. Its segments include Electric, Gas, Gas Storage and Pipelines, Power and Industrial Projects, Energy Trading, and Corporate and Other. Its utility operations consist primarily of DTE Electric and DTE Gas. The Electric segment consists of DTE Electric, which is engaged in the generation, purchase, distribution and sale of electricity to approximately 2.1 million customers in southeastern Michigan. The Gas segment consists of DTE Gas, which is engaged in the purchase, storage, transportation, distribution and sale of natural gas to approximately 1.2 million residential, commercial and industrial customers throughout Michigan and the sale of gas storage and transportation capacity. Its Corporate and Other segment includes various holding company activities.

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