Wunderlich Securities disclosed Gas Natural (NYSEMKT:EGAS), boosting its price target to $9.50 today
- Updated: October 10, 2016
Gas Natural (NYSEMKT:EGAS) had its target bumped up to $9.50 by Wunderlich Securities in an issued report issued Tuesday October 11, 2016. The bumped up target suggests a potential downside of -0.25% based on the company's last stock close price.
Previously on 11/11/2015, Wunderlich reported about Gas Natural (NYSEMKT:EGAS) lowered the target price from $12.00 to $11.00. At the time, this indicated a possible upside of 0.25%.
Yesterday Gas Natural (NYSEMKT:EGAS) traded 64.71% higher at $12.65. The company’s 50-day moving average is $7.76 and its 200-day moving average is $7.34. The last stock close price is up 71.27% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,495,729 shares of the stock were exchanged, up from an average trading volume of 43,655
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Gas Natural has a 52 week low of $6.50 and a 52 week high of $12.85 with a price-earnings ratio of 56.39 EGAS’s total market value is presently $0.
Brief Synopsis About Gas Natural (NYSEMKT:EGAS)
Gas Natural Inc. is a natural gas company. The Company operates through three segments: Natural Gas; Marketing and Production, and Corporate and Other. The Natural Gas segment annually distributes approximately 20 billion cubic feet of natural gas to its customers through regulated utilities operating in Maine, Montana, North Carolina and Ohio. Its operations in Maine provide natural gas service to customers in Bangor, Brewer, Old Town, Orono, Bucksport, Hermon, Veazie and Lincoln. Its operations in Montana provide natural gas service to customers in Cascade, Gallatin and Glacier counties. Its North Carolina operations provide natural gas service to customers in Ashe, Surry, Warren, Watauga, Wilkes and Yadkin counties. The Company's Marketing and Production segment annually markets approximately 1.5 billion cubic feet of natural gas to commercial and industrial customers in Montana, Wyoming and Ohio through its subsidiaries, Energy West Resources, Inc. and Gas Natural Resources, LLC.
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