Duke Energy Corporation (NYSE:DUK) has climbed 2.14% in the past week and advanced 7.77% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.37% and the outperformance has advanced to 6.78% for the last 4 weeks period.
Duke Energy Corporation (NYSE:DUK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $82.58 and $81.87 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $83.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.98, notching a gain of 0.55% for the day. The total traded volume was 5,575,875 . The stock had closed at $82.53 on the previous day.
The company shares have rallied 13.36% from its 1 Year high price. On Jun 17, 2016, the shares registered one year high at $83.00 and the one year low was seen on Dec 3, 2015. The 50-Day Moving Average price is $79.56 and the 200 Day Moving Average price is recorded at $76.11.
On the companys insider trading activities, Mckee E Marie, director of Duke Energy Corp, unloaded 1,558 shares at an average price of $76.66 on May 23, 2016. The total amount of the transaction was worth $119,436, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Argus Research, downgrades their rating on the shares of Duke Energy Corporation (NYSE:DUK). Argus Research has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 6, 2016. Currently the company Insiders own 0.08% of Duke Energy Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -99.91% . Institutional Investors own 58.42% of Duke Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -7.19%.
Duke Energy Corporation is an energy company. Duke Energy conducts its operations in three business segments: Regulated Utilities, International Energy and Commercial Power. The Companys Regulated Utilities segment conducts operations primarily through Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana and Duke Energy Ohio. The Companys International Energy segment principally operates and manages power generation facilities and engages in sales and marketing of electric power, natural gas, and natural gas liquids outside the United States. The Companys Commercial Power builds, develops and operates wind and solar renewable generation and energy transmission projects throughout the continental United States. Duke Energy operates in the United States and Latin America primarily through its direct and indirect subsidiaries.