WGL Holdings Inc (NYSE:WGL) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: November 29, 2016
Boasting a price of $75.63, WGL Holdings Inc (NYSE:WGL) traded 9.35% higher on the day. The last stock close price is up 15.50% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $62.28 and a 200-day moving average of $65.34. 1,252,209 shares of WGL traded hands, up from an average trading volume of 237,722
Zacks Investment Research has downgraded WGL Holdings Inc (NYSE:WGL) to Hold in a statement released on 11/29/2016.
Recent Performance Chart
WGL Holdings Inc has 52 week low of $58.62 and a 52 week high of $77.25 with a price-earnings ratio of 22.80 and has a total market value of $0.
A total of 3 analysts have released a research note on WGL Holdings Inc. zero analysts rating the company a strong buy, zero analysts rating the company a buy, four analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $60.67.
More About WGL Holdings Inc (NYSE:WGL)
WGL Holdings, Inc. (WGL) is a holding company. The Company operates through four segments. The Regulated Utility segment consists of Washington Gas Light Company, which provides regulated gas distribution services to end use customers and natural gas transportation services to an unaffiliated natural gas distribution company and Hampshire Gas Company, which provides regulated interstate natural gas storage services. The Retail Energy-Marketing segment consists of the operations of WGL Energy Services, Inc., which sells natural gas and electricity directly to retail customers. The Commercial Energy Systems segment consists of the operations of WGL Energy Systems, Inc., WGSW, Inc. and the results of operations of affiliate-owned commercial distributed energy projects. The Midstream Energy Services segment consists of the operations of WGL Midstream, Inc., which engages in acquiring, investing in, managing and optimizing natural gas storage and transportation assets.
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