- The DE closed at $386.64 in the last trading session with a decline of -1.94% in the last trading session.
- The company Deer & Company earns $33.99 for each share of its common stock, and it has 293.192 Million shares that are available for trading in the market.
Last dividend paid by Deer & Company is $1.25 per share and the dividend yield by the share is 1.23% for the year 2022 and its share price has advanced by +2.08% in a year. The market cap of the company has advanced by +20.1% year-on-year and the gross profit has also advanced by +36.1%.
The price-to-earnings (PE) ratio for Deer & Company’s stock is 11.65 following a beta of 0.94 which indicates that the share price relatively moves higher than the whole market. The company was founded in 1837.
The revenue of the stock has suddenly advanced by $8.63B from the year 2021 to 2022. This advance in revenue led to an advance in net income from $5.96B to $7.13B. The EBIT for the company is 19% and the net income is left at 14%.
Deer & Company Debt Analysis
The company has shown a decline in its cash flow falling from $5.15B in the year 2021 to $911.00M in the year 2022 and the debt of the company has also increased from $48.69B to $52.20B for the year 2022.
DE Technical Analysis
The price of the DE share has been taking multiple rejections from the higher level leading to the formation of a triple top and the price is dropping from the level breaking down below the previous swing leading to a bearish change in character.
The 50-day and the 200-day Exponential Moving Average are trading in a golden cross but the price has declined below the 50-day EMA which represents uncertainty as per the EMA.
The RSI is looking bearish on charts as it has declined below the 50-level and has also breached below the 14-day SMA line, this indicates weakness and the presence of sellers in the market.
Technical Overview of DE Stock
Based upon the data provided on the Tradingview the technical indicators are indicating for a sell signal when summarized and based upon the experts, the analysts are recommending for a buy and are bullish on the stock.
Conclusion
Deer & Company stock price has been taking rejection at higher levels creating a triple top pattern. And the EMA is acting uncertain but the RSI is supporting for a downtrend and the technical overview. And fundamental data also suggest weakness in the price.
Therefore, DE stock price can decline to lower levels in the upcoming days. And we can see the price hitting to the lower support levels.
Technical Levels
- The support levels for DE Stock are – $287.00 and $344.00
- The resistance levels for DE stock are – $414.00 and $447.00
Disclaimer
The information provided in this article. Including the views and opinions expressed by the author or any individuals mentioned, is intended for informational purposes only. It is important to note that the article does not provide financial or investment advice. Investing or trading in cryptocurrency assets carries inherent risks and can result in financial loss.