DTE Energy Holding Reaches New 52-Week High (DTE)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- DTE Energy Holding Company (NYSE: DTE) hit a new 52-week high Monday as it is currently trading at $72.55, above its previous 52-week high of $72.55 with 315,195 shares traded as of 11:45 a.m. ET. Average volume has been 866,100 shares over the past 30 days.

DTE Energy Holding has a market cap of $12.48 billion and is part of the utilities sector and utilities industry. Shares are up 20% year to date as of the close of trading on Friday.

DTE Energy Company, together with its subsidiaries, operates as an energy company. The company's Electric segment engages in the generation, purchase, distribution, and sale of electricity to approximately 2.1 million residential, commercial, and industrial customers in southeastern Michigan. The company has a P/E ratio of 18.6, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates DTE Energy Holding as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full DTE Energy Holding Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null

If you liked this article you might like

Steel Executives Appeal to Trump to Impose Import Restrictions

Senator Debbie Stabenow Takes On Kid Rock and Michigan Pipeline On The Same Day

Best Companies to Work for in 2017? Here's the Top 10

Energy Transfer's Pipeline Spill Problem Is Causing It Another Headache

U.S. Pipeline Cos. Ready to Blow Past Regulatory Roadblock