NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $55.22, above its previous 52-week high of $55.21 with 27,642 shares traded as of 9:35 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.
DTE Energy Holding has a market cap of $9.25 billion and is part of the
industry. Shares are up 20.6% year to date as of the close of trading on Thursday.
DTE Energy Company, together with its subsidiaries, operates as an electric and natural gas utility company in Michigan. It also involves in non-utility operations. The company has a P/E ratio of 13, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates DTE Energy Holding as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full
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