Devon Energy's Trading Volume Drops 54% Ranking 436th Despite 7-Day Winning Streak

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:44 pm ET1min read
DVN--

On March 24, 2025, Devon EnergyDVN-- (DVN) saw a trading volume of $211 million, a 54.03% decrease from the previous day, ranking 436th in the day's stock market activity. The stock price rose by 2.24%, marking its seventh consecutive day of gains and a 9.38% increase over the past week.

Devon Energy's stock is listed on the NYSE, with a current price of $36.17. The company's shares opened at $36.25 on the day, slightly higher than the previous close of $36.15. The trading volume for the day was 103,814 shares.

Devon Energy is on track for its seventh consecutive day of gains, with shares rising 1.9% to trade at $36.80. Over the past six sessions, DVNDVN-- shares have shown consistent upward momentum.

Institutional investors and hedge funds own 69.72% of Devon Energy's stock. The company's shares opened at $36.18 on Friday, indicating a stable start to the trading week.

Analysts have given Devon Energy an average rating of overweight, with a mean price target of $49.28. However, UBS recently cut its price target for Devon Energy to $41 from $47, reflecting a more cautious outlook.

As of March 2025, Devon Energy has a market capitalization of $23.44 billion USD, making it the 858th most valuable company globally according to available data.

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