MDU Resources Group (MDU) : During the past 4 weeks, traders have been relatively bearish on MDU Resources Group (MDU), hence the stock is down -5.31% 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 -0.52% relative to the S&P 500. The 4-week change in the price of the stock is -4.95% and the stock has fallen -0.55% in the past 1 week.
MDU Resources Group Inc. is up 9.26% in the last 3-month period. Year-to-Date the stock performance stands at 30.23%. The stock has recorded a 20-day Moving Average of 1.06% and the 50-Day Moving Average is 1.15%.
MDU Resources Group (NYSE:MDU): The stock opened at $23.48 on Friday but the bulls could not build on the opening and the stock topped out at $23.50 for the day. The stock traded down to $23.32 during the day, due to lack of any buying support eventually closed down at $23.43 with a loss of -0.51% for the day. The stock had closed at $23.55 on the previous day. The total traded volume was 635,125 shares.
Also, Argus Research upgrades their rating on the shares of MDU Resources Group (NYSE:MDU). The current rating of the shares is Buy. Earlier, the shares were rated a Hold by the brokerage firm. Equity Analysts at the Firm announces the price target to $26 per share. The rating by the firm was issued on May 31, 2016.
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.