DTE Energy Company (DTE) Shares are Up 1.35%

DTE Energy Company (DTE) has been under a strong bear grip, hence the stock is down -2.32% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.29% in the past 1 week. The stock has risen by 1.35% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.31% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.87% and the 50-Day Moving Average is 0.22%. DTE Energy Company (NYSE:DTE): stock turned positive on Friday. Though the stock opened at $96.22, the bulls momentum made the stock top out at $96.97 level for the day. The stock recorded a low of $96.21 and closed the trading day at $96.38, in the green by 0.52%. The total traded volume for the day was 706,888. The stock had closed at $95.88 in the previous days trading.


The company Insiders own 0.93% of DTE Energy Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.47% . Institutional Investors own 65.18% of DTE Energy Company shares. During last six month period, the net percent change held by insiders has seen a change of -41%.

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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