DNP stock: buy or sell?
April 6th, 2020
DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co.
Should I buy DNP stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Duff & Phelps Utilities Income stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Duff & Phelps Utilities Income stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for DNP stock for the last month.
DNP stock analysis
Duff & Phelps Utilities Income closed today at $9.59 and skyrocketed an astounding 6.44%.
Duff & Phelps Utilities Income shares skyrocketed 6.44% to $9.59 today. Since price and SMA200d lines crossed down on March/6, DNP fell $-2.72 per share (-22.10%). DNP is soaring again after a 13.29% correction from its last top on March/24 at $10.16. On February, DNP hit a new all time high, pushing higher than on February tops. Check different trading setups that use ATHs as triggers.
After sliding a scary -10.88% in a week last week, Duff & Phelps Utilities Income closed this week at $9.59 and climbed an amazing 6.44%.
Not so far away is the last all-time high Duff & Phelps Utilities Income marked by mid February, but since then it dropped a 26.63%. Since price and 40-weeks moving average lines crossed down late February, DNP fell $-3.30 per share (-25.60%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
DNP stock price history
DNP stock went public on January 21st, 1987 with a price of $0.691. Since then, DNP stock grew a 1,289.90%, with an average of 39.10% per year. If you had invested right after DNP's IPO a $1,000 in DNP stock in 1987, it would worth $12,899.00 today.
1: Adjusted price after possible price splits or reverse-splits.
DNP stock historical price chart
DNP stock reached all-time highs on February with a price of $13.07.
DNP stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price target for Duff & Phelps Utilities Income stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Duff & Phelps Utilities Income ownershipWhen you are planning to invest in shares of a company, it's always worth to overview its ownership structure.
Duff & Phelps Utilities Income shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.07% of all shares.
In case of Duff & Phelps Utilities Income stock, 5.99% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).
The following table compares ownership indicators for other stocks related to Duff & Phelps Utilities Income:
|Market cap||$2.9 B|
|Total shares||302.5 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||6.0%|
|- Insider holdings (%)||0.1%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$9.26 - $9.61|
|Average true range||$0.86|
|50d mov avg||$11.41|
|100d mov avg||$11.96|
|200d mov avg||$11.97|
Duff & Phelps Utilities Income performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked as the bechmarking frame for Duff & Phelps Utilities Income stock.
|DNPDuff & Phelps Uti...||-23.59%||-22.22%||-11.29%|