Why Dynatrace's Stock is Trading Higher Today
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.
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.