As of Friday close, Digital Realty Trust Inc.’s (NYSE:DLR) stock was down -$2.39, moving down -2.32 percent to $100.70. The average number of shares traded per day over the past five days has been 3,538,940 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.84 fall in that time frame. In the last twenty days, the average volume was 2,370,805, while in the previous 50 days, it was 2,039,456.
Since last month, DLR stock retreated -11.38%. Shares of the company fell to $98.78 on 03/17/23, the lowest level in the past month. A 52-week high of $153.50 was reached on 02/02/23 after having rallying from a 52-week low of $85.76. Since the beginning of this year, DLR’s stock price has risen by 0.43% or $0.43, and marked a new high 11 times. However, the stock has declined by -34.40% since its 52-week high.
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DLR stock investors should be aware that Digital Realty Trust Inc. (DLR) stock had its last reported insider trading activity 8 days ago on Mar 10. Corey Dyer, the EVP, CHIEF REVENUE OFFICER of the company, disposed of 4,401 shares for $104.19 on Mar 10. It resulted in a $458,540 divestment by the insider. Sharp Christopher sold 4,235 shares at an average price of $120.00 on Feb 02. The insider now owns 0 shares following the transaction. On Feb 01, EVP, GENERAL COUNSEL Lee Jeannie sold 1,000 shares at $115.00 apiece. The transaction was valued at $115,000.
Valuation Metrics
Right now, Digital Realty Trust Inc. (DLR) has a P/E ratio of about 87.41. The stock’s beta is 0.55. Besides these, the trailing price-to-sales (P/S) ratio of 6.36, the price-to-book (PB) ratio of 1.73.
The latest dividend of $1.22 per share was paid out, remained unchanged from last year’s $1.22. On Thursday March 3 2022, a $0.06 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.98, and the total debt-to-equity ratio was 0.98. On the profitability front, the trailing twelve-month gross margin is 60.10% percent. In the year ended December 30, operating margins totaled 11.50%. Based on annual data, DLR earned $589.97 million in gross profit and brought in $4.69 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.50%. Return on equity (ROE) for the past 12 months was 2.00%.
In Digital Realty Trust Inc.’s quarter-end financial report for December 30, it reported total debt of $528.87 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DLR’s revenue rose 9.89% to $1.19 billion during the quarter, while net income inched up to $1.23 billion. While analysts expected Digital Realty Trust Inc. to report $0.27 quarterly earnings, the actual figure was -$0.02 per share, beating the consensus estimate by -107.40%. During the quarter, the company generated $559.64 million in EBITDA. The value of shareholders’ equity is $291.16 million.
Technical Picture
This quick technical analysis looks at Digital Realty Trust Inc.’s (DLR) price momentum. With a historical volatility rate of 31.47%, the RSI 9-day stood at 35.33% on 17 March.
With respect to its five-day moving average, the current Digital Realty Trust Inc. price is down by -1.79% percent or -$1.84. At present, DLR shares trade -10.79% below its 20-day simple moving average and +3.96% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.85% below its SMA50 and -27.86% below its SMA200.
Stochastic coefficient K was 45.33% and Stochastic coefficient D was 58.46%, while ATR was 3.60. Given the Stochastic reading of 20.76% for the 14-day period, the RSI (14) reading has been calculated as 38.84%. As of today, the MACD Oscillator reading stands at -1.02, while the 14-day reading stands at -0.97.
Analyst Ratings
Digital Realty Trust Inc. downgraded its rating on Digital Realty Trust Inc. (NYSE: DLR) to an Underperform in a note to investors on January 04, 2023. The analysts firm previously had a Neutral rating on the stock.
With a median target price of $120.00, the current consensus forecast for the stock is $80.00 – $175.00. Based on these forecasts, analysts predict Digital Realty Trust Inc. (DLR) will achieve an average price target of $120.26.