MDU Resources Group (MDU) has been under a strong bear grip, hence the stock is down -1.66% 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 1.39% in the past 1 week. The stock has risen by 0.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.87% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.34% and the fifty day Moving Average is 0.61%. MDU Resources Group Inc. is up 7.96% in the last three month period. Year-to-Date the stock performance stands at 31.18%.
MDU Resources Group (MDU) : The consensus price target for MDU Resources Group (MDU) is $26.33 for the short term with a standard deviation of $1.53. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $28, however, the pessimist price target for the company is $25.
MDU Resources Group (NYSE:MDU): On Fridays trading session , Opening price of the stock was $23.93 with an intraday high of $24.14. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $23.5. However, the stock managed to close at $23.6, a loss of 1.21% for the day. On the previous day, the stock had closed at $23.89. The total traded volume of the day was 994,701 shares.
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.