Zacks Investment Research downgraded Piedmont Natural Gas Company, Inc. (NYSE:PNY) to Hold in a report released today.
- Updated: September 25, 2016
Just yesterday Piedmont Natural Gas Company, Inc. (NYSE:PNY) traded -0.05% lower at $60.23. Piedmont Natural Gas Company, Inc.’s 50-day moving average is $60.01 and its 200-day moving average is $59.90. The last closing price is up 0.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 199,192 shares of PNY traded hands, down from an average trading volume of 407,798
Zacks Investment Research has downgraded Piedmont Natural Gas Company, Inc. (NYSE:PNY) to Hold in a report released on Wednesday September 21, 2016.
Recent Performance Chart
Piedmont Natural Gas Company, Inc. has 52 week low of $39.04 and a 52 week high of $60.35 with a PE ratio of 34.54 and has a market capitalization of $0.
Brief Synopsis On Piedmont Natural Gas Company, Inc. (NYSE:PNY)
Piedmont Natural Gas Company, Inc. is an energy services company. The Company's principal business is the distribution of natural gas to residential, commercial, industrial and power generation customers in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities, which are its wholesale customers. The Company operates through three segments: regulated utility, regulated non-utility activities and unregulated non-utility activities. The regulated utility segment includes operating a natural gas distribution system. The regulated non-utility activities segment consists of its equity method investments in regulated energy-related joint ventures that are held by its subsidiaries. The unregulated non-utility activities segment consists primarily of its equity method investment in an unregulated energy-related joint venture that is held by its subsidiary.
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