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DNNGY
Stock ticker: OTC
AS OF
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Capitalization
36.75B

DNNGY Orsted A/S American Depositary Receipts - Unsponsored Forecast, Technical & Fundamental Analysis

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A.I.Advisor
a Summary for DNNGY with price predictions
08:00 PM EDT Sep 26, 2023

DNNGY in upward trend: price may jump up because it broke its lower Bollinger Band on September 05, 2023

DNNGY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 28 cases where DNNGY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for DNNGY just turned positive on September 18, 2023. Looking at past instances where DNNGY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DNNGY advanced for three days, in of 276 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DNNGY as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The 50-day moving average for DNNGY moved below the 200-day moving average on August 28, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DNNGY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for DNNGY entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.495) is normal, around the industry mean (2.668). P/E Ratio (22.472) is within average values for comparable stocks, (91.060). Projected Growth (PEG Ratio) (2.301) is also within normal values, averaging (2.578). Dividend Yield (0.022) settles around the average of (0.048) among similar stocks. P/S Ratio (2.029) is also within normal values, averaging (31.306).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. DNNGY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DNNGY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.

A.I.Advisor
published Highlights

Industry description

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

Market Cap

The average market capitalization across the Alternative Power Generation Industry is 5.14B. The market cap for tickers in the group ranges from 10 to 118.24B. REOVF holds the highest valuation in this group at 118.24B. The lowest valued company is CDVM at 10.

High and low price notable news

The average weekly price growth across all stocks in the Alternative Power Generation Industry was -3%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was -6%. CLNV experienced the highest price growth at 41%, while PWCO experienced the biggest fall at -40%.

Volume

The average weekly volume growth across all stocks in the Alternative Power Generation Industry was 148%. For the same stocks of the Industry, the average monthly volume growth was 271% and the average quarterly volume growth was 22%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 68
P/E Growth Rating: 68
Price Growth Rating: 62
SMR Rating: 75
Profit Risk Rating: 84
Seasonality Score: 4 (-100 ... +100)
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A.I. Advisor
published Earnings

DNNGY is expected to report earnings to fall 629.13% to 36 cents per share on November 01

Orsted A/S American Depositary Receipts - Unsponsored DNNGY Stock Earnings Reports
Q3'23
Est.
$0.37
Q2'23
Missed
by $0.09
Q1'23
Missed
by $0.05
Q4'22
Beat
by $0.03
Q3'22
Beat
by $0.82
The last earnings report on August 10 showed earnings per share of -6 cents, missing the estimate of 2 cents. With 135.36K shares outstanding, the current market capitalization sits at 36.75B.
A.I.Advisor
published Dividends

DNNGY paid dividends on March 24, 2023

Orsted A/S American Depositary Receipts - Unsponsored DNNGY Stock Dividends
А dividend of $0.64 per share was paid with a record date of March 24, 2023, and an ex-dividend date of March 08, 2023. Read more...
A.I. Advisor
published General Information

General Information

Industry AlternativePowerGeneration

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Fundamentals
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Industry
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Kraftvaerksvej 53
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+45 99551111
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Web
https://www.orsted.com
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Groups containing DNNGY

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DNNGY
1D Price
Change %
DNNGY100%
+0.45%
Alternative Power Generation
(undefined stocks)
60%
Loosely correlated
-0.90%
Utilities
(undefined stocks)
42%
Loosely correlated
-0.68%