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Data News > Dubai Taxi Company PJSC (DTC.DFM) - Trader Stats

Dubai Taxi Company PJSC (DTC.DFM) - Trader Stats

By KlickAnalytics Data Insights  |   October 2, 2024 07:35AM ET

Pricing
  • Dubai Taxi Company PJSC (DTC.DFM) close price is trading at 2.67 with volume of 611,601 and a one day change of -0.04 (-1.48%).
  • Price Rally: The stock is trading downward for the last 2 days.
  • Close price to open price was -1.16%, showing a bearish sentiment
  • Close price to high price was -1.16%, showing a bearish sentiment
  • Close price to low price was 0.39%, showing a bullish sentiment
  • Close price to previous day open was -0.39%, showing a bearish sentiment
  • 1 Month high price was 2.61 which occured on 2024-09-17 (15 days ago)
  • 1 Month low price was 2.18 which occured on 2024-08-20 (43 days ago)
  • Current price vs 1 month high price is 2.30%.
  • Current price vs 1 month low price is 22.48%.
  • 52-week high price was 2.61 which occured on 2024-09-17 (15 days ago)
  • 52-week low price was 2.07 which occured on 2024-07-01 (93 days ago)
  • Current price vs 52-week high price is 2.30%.
  • Current price vs 52-week low price is 28.99%.
  • Historical Returns (%): 1-Week -1.16%, 1-Month 16.44%, 3-Months 20.28%, 6-Months 11.84%, Year-to-date 18.60%, 1-Year 15.38%
  • Historical Relative Volume: 1-Week 0.17x, 1-Month 0.34x, 3-Months 0.46x, 6-Months 0.46x, Year-to-date 0.40x, 1-Year 0.32x
  • 1-Month high volume was 17,882,261 which occured on 2024-09-16 (16 days ago)
  • 1-Month low volume was 222,458 which occured on 2024-08-23 (40 days ago)
  • Current volume vs 1-Month high volume is -96.58%.
  • Current volume vs 1-Month low volume is 174.93%.
    • Technical Indicators
  • Spurt UP : SMA10 > SMA20 : Yes
  • Short term UP : SMA10 > SMA20 > SMA50 : Yes
  • Medium term UP : SMA10 > SMA20 > SMA50 > SMA100 : Yes
  • UP coming : SMA10 > SMA50 > SMA20 : No
  • 5-days Simple Moving Average (2.57) signal is SELL
  • 10-days Simple Moving Average (2.48) signal is BUY
  • 20-days Simple Moving Average (2.37) signal is BUY
  • 50-days Simple Moving Average (2.28) signal is BUY
  • 100-days Simple Moving Average (2.24) signal is BUY
  • Close price vs SMA5 is -0.62%
  • Close price vs SMA10 is 2.96%
  • Close price vs SMA20 is 7.44%
  • Close price vs SMA50 is 11.93%
  • Close price vs SMA100 is 13.98%
    • About

    DTC was formed on 28 June 1994 in accordance with the provisions of Law No. (5) of 1994 decreed by H.H. The Ruler of Dubai in order to operate a fleet of taxis in the Emirate of Dubai and to the other Emirates.


    In accordance with Law No. (20) of 2008, the Company was wholly owned by the Roads and Transport Authority (RTA).


    On 9 November 2023, the provisions of Law No. (21) of 2023 concerning the Dubai Taxi Company decreed by H.H. The Ruler of Dubai was issued pursuant to which RTA’s ownership in DTC was transferred to the Department of Finance (DoF) for the Government of Dubai, who became the sole shareholder in the Company. DoF later transferred its shares in DTC to the newly formed Dubai Investment Fund in accordance with Law No. (25) of 2023.


    On 13 November 2023, DTC announced its intention to float 24.99% of its total issued share capital on the Dubai Financial Market (DFM) and was officially listed on the DFM on 7 December 2023.


    The Company currently offers an extensive range of transportation solutions across four key business lines, including:

    · Taxi services through our large, eco-friendly fleet;

    · VIP limousine services made up of chauffeur-driven vehicles for luxury service;

    · Bus services; and

    · Last mile delivery bike service

    Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.