Stock of the Day: Could Gas Natural Inc Rise Even More? The Stock Had Another Big Increase Today

Stock of the Day: Could Gas Natural Inc Rise Even More? The Stock Had Another Big Increase Today

The stock of Gas Natural Inc (NYSEMKT:EGAS) is a huge mover today! About 848,585 shares traded hands or 6077.82% up from the average. Gas Natural Inc (NYSEMKT:EGAS) has declined 6.23% since March 7, 2016 and is downtrending. It has underperformed by 13.82% the S&P500.
The move comes after 6 months positive chart setup for the $134.25M company. It was reported on Oct, 10 by Barchart.com. We have $23.56 PT which if reached, will make NYSEMKT:EGAS worth $116.80 million more.

Analysts await Gas Natural Inc (NYSEMKT:EGAS) to report earnings on November, 14.

According to Zacks Investment Research, “Gas Natural Inc., formerly known as Energy, Inc., distributes and sells natural gas to end-use residential, commercial, and industrial customers. It distributes natural gas through regulated utilities operating in Montana, Wyoming, Ohio, Pennsylvania, Maine and North Carolina. The Company markets natural gas to commercial and industrial customers in Montana and Wyoming on an unregulated basis. It also has a majority ownership interest in many natural gas producing wells and gas gathering assets. Further, the Company owns the Shoshone interstate and the Glacier gathering pipelines located in Montana and Wyoming. Gas Natural Inc. is headquartered in Great Falls, Montana.”

More notable recent Gas Natural Inc (NYSEMKT:EGAS) news were published by: Crainscleveland.com which released: “Gas Natural Inc. agrees to be acquired by an energy investment firm for nearly …” on October 10, 2016, also Crainscleveland.com with their article: “Gas Natural Inc.’s vice president/general counsel will leave the company Oct. 28” published on October 03, 2016, Globenewswire.com published: “Gas Natural Inc. Highlights Richard M. Osborne’s Regulatory and Legal …” on June 30, 2016. More interesting news about Gas Natural Inc (NYSEMKT:EGAS) were released by: Prnewswire.com and their article: “Gas Natural Inc. Files Definitive Proxy Materials and Mails Letter to Shareholders” published on June 21, 2016 as well as Prnewswire.com‘s news article titled: “Gas Natural Inc. Issues Statement Regarding Director Nominations and Proxy …” with publication date: May 26, 2016.

EGAS Company Profile

Gas Natural Inc., incorporated on July 1, 2010, is a natural gas company. The Firm operates through three divisions: Natural Gas; Marketing and Production, and Corporate and Other.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment