NewJersey Resources Corporation (NJR) : During the past 4 weeks, traders have been relatively bearish on NewJersey Resources Corporation (NJR), hence the stock is down -3.2% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.87% relative to the S&P 500. The 4-week change in the price of the stock is -3.72% and the stock has fallen -5.71% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.63% and the 50-Day Moving Average is 4.91%.The 200 Day SMA reached 5.35%
NewJersey Resources Corporation (NYSE:NJR): The stock opened in the green at $32.98 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $33.14 and a low of $32.27 for the day. The stock did not find buyers even at the lows and closed at $32.86 recording a loss of -0.24%. 891,633 shares exchanged hands during the trading day. The stock had closed at $32.86 in the previous days trading.
NewJersey Resources Corporation (NJR) : Currently there are 4 street experts covering NewJersey Resources Corporation (NJR) stock. The most bullish and bearish price target for the stock is $39 and $31 respectively for the short term. The average price target of all the analysts comes to $35.75. The estimated standard deviation from the target is $3.4.
New Jersey Resources Corporation (NJR) is an energy services holding company that provides retail and wholesale energy services to customers primarily in the Gulf Coast, Mid-Continent, Appalachian, Northeastern, and Western market areas of the United States, as well as Canada. The Company operates within four reportable business segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services and Midstream (formerly Energy Holdings). The Natural Gas Distribution segment consists of regulated energy and off-system, capacity and storage management operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Energy Services segment consists of unregulated wholesale energy operations. Lastly, the Midstream segment consists of investments in the midstream natural gas market, such as natural gas transportation and storage facilities.