DNP stock: buy or sell?

DNP stock price: $9.59 6.44% At close on April 6th, 2020

Updated on:
April 6th, 2020

2

Shares of Duff & Phelps Utilities Income skyrocketed an astounding 6.44% and closed at $9.59. On Wednesday DNP plummed a hair-raising -5.95%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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.

DNP stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Nobody 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

DNP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2015-Q4-n/a-0.6n/a
2016-Q2-n/a0.98n/a
2016-Q4-n/a0.46n/a
2017-Q2-n/a0.91n/a
2017-Q4-n/a0.44n/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q4-n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Duff & Phelps Utilities Income ownership

When 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:

DNP
Market cap$2.9 B
Total shares302.5 M
Float shares0.0 M
  - Institutional holdings (%)6.0%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

DNP summary

Monday, April 6th, 2020
Open$9.28
Close$9.59
Day range$9.26 - $9.61
Previous close$9.01
Session gain6.44%
Average true range$0.86
50d mov avg$11.41
100d mov avg$11.96
200d mov avg$11.97
Daily patternlb01a
Weekly pattern

Duff & Phelps Utilities Income performance

Performance 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.
Stock3m6m12m
DNPDuff & Phelps Uti...-23.59%-22.22%-11.29%

Duff & Phelps Utilities Income competitors

Unfortunately, we could not find any public company that could be defined as Duff & Phelps Utilities Income competitor. This doesn't mean Duff & Phelps Utilities Income does not have any competitor in the market, it's just we could not detected it.