David Meador Chief Admin. Officer, Vice Chairman and Member of Internal Risk Management Committee, CPA
Gerard Anderson Chairman, CEO, Group President of Energy Resources and Chairman of Internal Risk Management Committee, MBA
DTE Energy Diversification Suggestion
Use DTE Energy to protect against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of DTE Energy to be traded at $79.59 in 30 days
DTE Energy Price and Market Media
The median price of DTE Energy for the period between Sun, Oct 26, 2014 and Tue, Nov 25, 2014 is 81.21 with a coefficient of variation of 1.58. The daily time series for the period is distributed with a sample standard deviation of 1.29, arithmetic mean of 81.57, and mean deviation of 1.09. The Stock received some media coverage during the period.
DTE Energy Company [DTE] is traded on New York Stock Exchange in USA. It is located in Detroit, MI and employs 9,900 people. The company currently falls under 'Large-Cap' category with total capitalization of 14.65 B. DTE Energy Company runs under Utilities sector within Electric Utilities industry. This company has 176.99 M outstanding shares of which 3.82 M shares are currently shorted by investors with about 4.6 days to cover shorted positions.
The company has 8.84 B in debt with debt to equity (D/E) ratio of 1.08 which is OK given its current industry classification. DTE Energy Company has Current Ratio of 0.96 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
About 64.0% of DTE Energy Company shares are held by institutions such as insurance companies