DTE Energy (NYSE:DTE) downgraded to Hold from Buy at Citigroup. The stock closed yesterday at $48.16 on volume of 1,063,200 shares, below the average daily volume of 1,136,604.
In the past 52-weeks, shares of DTE Energy have traded between a low of $33.53 and a high of $49.06 and are now at $48.16, which is 43.6% above that low price.
DTE Energy is currently above its 50-day moving average (MA) of $46.64 and above its 200-day MA of $44.08. In the last five trading sessions, the 50-day MA has climbed 0.19% while the 200-day MA has risen 0.77%.
DTE Energy Company, a diversified energy company, develops and manages energy-related businesses and services nationwide. The Company, through its subsidiaries, generates, purchases, transmits, distributes, and sells electric energy in southeastern Michigan. DTE is also involved in gas pipelines and storage, unconventional gas exploration, development, and production.