Duke Energy Corporation (DUK) has risen sharply, recording gains of 2.34% in the past 4 weeks. However, the stock has corrected -1.27% in the past 1 week, providing a good buying opportunity on dips. Duke Energy Corporation (DUK) : During the past 4 weeks, traders have been relatively bearish on Duke Energy Corporation (DUK), hence the stock is down -1.95% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.72% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.79% and the 50-Day Moving Average is 4.57%.
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 $84.99 and $84.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $85.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $84.92, notching a gain of 0.20% for the day. The total traded volume was 2,334,411 . The stock had closed at $84.75 on the previous day.
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 58.22% of Duke Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -7.19%. In a related news, The Securities and Exchange Commission has divulged that Mckee E Marie, director of Duke Energy Corp, had unloaded 1,558 shares at an average price of $76.66 in a transaction dated on May 23, 2016. The total value of the transaction was worth $119,436.
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.