MDU Resources Group (MDU) Shares are Up 0.71%

MDU Resources Group (MDU) : Traders are bullish on MDU Resources Group (MDU) as it has outperformed the S&P 500 by a wide margin of 7.02% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.55%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.71% in the last 1 week, and is up 6.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.51% and the 50-Day Moving Average is 6.75%.The 200 Day SMA reached 23.51%


MDU Resources Group (NYSE:MDU): After opening at $25.52, the stock dipped to an intraday low of $25.31 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $25.63 and the buying power remained strong till the end. The stock closed at $25.44 for the day, a gain of 0.16% for the day session. The total traded volume was 978,895. The stocks close on the previous trading day was $25.44.

MDU Resources Group (MDU) : The highest level MDU Resources Group (MDU) is projected to reach is $28 for the short term and the lowest estimate is at $25. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $26.67 and the possibility the share price can swing is $1.53.

MDU Resources Group, Inc. is a natural resource company. The Companys segments include electric, natural gas distribution, pipeline and energy services, exploration and production, construction materials and contracting and construction services. The electric segment provides electric service at retail. The natural gas distribution segment sells natural gas at retail. The pipeline and energy services segment through WBI Holdings, Inc. owns and operates both regulated and nonregulated businesses. The exploration and production segment is involved in the development and production of oil and natural gas resources. The construction materials and contracting segment mines aggregates and markets crushed stone, sand, gravel and related construction materials. The construction services segment is engaged in constructing and maintaining electric and communication lines, gas pipelines, fire suppression systems, and external lighting and traffic signalization equipment.

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