Why Dynatrace's Stock is Trading Higher Today


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


The Price And Volume Action In Dynatrace's Stock Today

Dynatrace's (NYSE:DT) stock is trading up 8.44% to a price of $46.65. Wednesday the stock has been traded at a volume of 358.08 thousand, about 16.06% of its recent 30-day volume average of 2.23 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Dynatrace shares are trading higher after Truist Securities initiated coverage on the stock with a Buy rating and a price target of $50 per share.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $39.81 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $48.85 and as low as $17.1.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: MoversTrading IdeasBZI-WIIM