Dominion Resources (D) : During the past 4 weeks, traders have been relatively bearish on Dominion Resources (D), hence the stock is down -5.95% 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 -3.81% relative to the S&P 500. The 4-week change in the price of the stock is -3.61% and the stock has fallen -3.4% in the past 1 week.
Dominion Resources (NYSE:D): The stock opened at $76.30 on Friday but the bulls could not build on the opening and the stock topped out at $76.30 for the day. The stock traded down to $75.24 during the day, due to lack of any buying support eventually closed down at $75.37 with a loss of -1.37% for the day. The stock had closed at $76.42 on the previous day. The total traded volume was 2,437,625 shares.
The stock has recorded a 20-day Moving Average of 2.81% and the 50-Day Moving Average is 0.14%. Dominion Resources, Inc. is up 6.79% in the last 3-month period. Year-to-Date the stock performance stands at 13.66%.
Dominion Resources (D) : The highest level Dominion Resources (D) is projected to reach is $83 for the short term and the lowest estimate is at $77. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $80.86 and the possibility the share price can swing is $2.41.
Dominion Resources, Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. As of December 31, 2014, the Companys portfolio of assets includes approximately 24,600 megawatt (MW) of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering and storage pipeline, and 21,900 miles of gas distribution pipeline, exclusive of service lines. Dominions operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity.