US2681501092 - Common Stock
Over the past six months, Dynatrace has been a great trade, beating the S&P 500 by 15.9%. Its stock price has climbed to $53.11, representing a healthy 22% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
DYNATRACE INC (NYSE:DT)—A High-Growth Stock Gearing Up for Its Next Upward Move.
On Wednesday, Dynatrace stock earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71.
A Fed rate cut and a slew of big earnings reports filled out a busy week.
DT earnings call for the period ending September 30, 2024.
Dynatrace stock fell after the company reported fiscal Q2 earnings that topped estimates while guidance came in slightly above views.
Dynatrace stock saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 69 to 72.
These three tickers have lagged the rest of the technology sector's stocks of late. The market's mistake is your opportunity.
On Aug. 7 Dynatrace jumped 14.7% on strong earnings and it hasn't looked back. Wednesday afternoon it traded above 53.
Dynatrace stock had its RS Rating upgraded to 73 Thursday — a nice improvement, but shy of the 80-plus score you prefer to see.