NJR - Shares of NewJersey Resources Corporation (NJR) Rise to a New 52-Week High
NewJersey Resources Corporation (NYSE:NJR) traded at a new 52-week high today of $43.43. This new high was reached on below average trading volume as 89,000 shares traded hands, while the average 30-day volume is approximately 476,000 shares.
NewJersey Resources Corporation (NYSE:NJR) is currently priced 3.5% above its average consensus analyst price target of $41.64.
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.
NewJersey Resources Corporation share prices have moved between a 52-week high of $43.43 and a 52-week low of $25.87 and are now trading 67% above that low price at $43.13 per share.
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