Atmos Energy Corporation (ATO) has risen sharply, recording gains of 0.68% in the past 4 weeks. However, the stock has corrected -2.83% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.22% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.43% and the 50-Day Moving Average is 1.98%.The 200 Day SMA reached 3.34%
Atmos Energy Corporation (NYSE:ATO): The stock opened in the green at $75.3 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $75.33 and a low of $73.955 for the day. The stock did not find buyers even at the lows and closed at $74.47 recording a loss of -0.55%. 635,522 shares exchanged hands during the trading day. The stock had closed at $74.47 in the previous days trading.
Atmos Energy Corporation (ATO) : The highest short term price target forecast on Atmos Energy Corporation (ATO) is $88 and the lowest target price is $64. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $78 with a standard deviation of $9.87.
Atmos Energy Corporation (Atmos Energy) is engaged primarily in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses. The Company delivers natural gas through regulated sales and transportation arrangements to over three million residential, commercial, public authority and industrial customers in nine states located primarily in the South. The Company also operates intrastate pipelines in Texas based on miles of pipe. The Company operates through the following three segments: The regulated distribution segment, which includes regulated distribution and related sales operations; the regulated pipeline segment, which includes the pipeline and storage operations of its Atmos Pipeline Texas Division and the nonregulated segment, which includes nonregulated natural gas management, nonregulated natural gas transmission, storage and other services.