NJR - Watch for Continued Gains in Shares of NewJersey Resources Corporation (NJR)
NewJersey Resources Corporation (NYSE:NJR) traded today at a new 52-week high of $44.41. So far today approximately 129,000 shares have been exchanged, as compared to an average 30-day volume of 450,000 shares.
In the past 52 weeks, shares of NewJersey Resources Corporation have traded between a low of $25.87 and a high of $44.41 and is now at $43.46, which is 68% above that low price.
NewJersey Resources Corporation (NYSE:NJR) is currently priced 30.3% above its average consensus analyst price target of $30.27.
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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