WGL Holdings Inc (WGL) Shares are Up 1.45%

WGL Holdings Inc (WGL) has been under a strong bear grip, hence the stock is down -6.29% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.94% in the past 1 week. The stock has risen by 1.45% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.41% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.5% and the 50-Day Moving Average is 6.32%.The 200 Day SMA reached 3.29%. WGL Holdings Inc. has dropped 3.8% during the last 3-month period . Year-to-Date the stock performance stands at 3.45%.


WGL Holdings Inc (NYSE:WGL): After opening at $62.49, the stock dipped to an intraday low of $62.44 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $63.83 and the buying power remained strong till the end. The stock closed at $63.79 for the day, a gain of 2.16% for the day session. The total traded volume was 293,842. The stocks close on the previous trading day was $62.44.

WGL Holdings, Inc. (WGL Holdings), is a United States of America-based public utility holding. Through its wholly owned subsidiaries, it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. Promotes the efficient use of clean natural gas and renewable energy to improve the environment for the benefit of customers, investors, employees, and the communities it serves. The Companys business segments include Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. WGL Holdings owns all of the shares of common stock of Washington Gas, Washington Gas Resources, Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources owns four unregulated subsidiaries that include WGEServices, WGESystems, and WGL Midstream.

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