NJR - NewJersey Resources Corporation Looks to Continue to Trade Above its Annual-High Share Price Today
Shares of NewJersey Resources Corporation (NYSE:NJR) traded at a new 52-week high today of $45.35. Approximately 50,000 shares have changed hands today, as compared to an average 30-day volume of 655,000 shares.
Based on a current price of $45.22, NewJersey Resources Corporation is currently 20.7% above its average consensus analyst price target of $35.87.
NewJersey Resources Corporation share prices have moved between a 52-week high of $45.35 and a 52-week low of $34.41 and are now trading 31% above that low price at $45.22 per share.
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to 560,000 customers in the state. NJR's nonregulated businesses include retail gas supply and solar investments primarily in New Jersey. NJR also is an equity investor and owner in several large midstream gas projects.
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