NiSource Inc (NI) has been under a strong bear grip, hence the stock is down -0.01% 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 2.66% in the past 1 week. The stock has risen by 3.21% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.03% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 3.35%.The 200 Day SMA reached 5.97% NiSource Inc. has dropped 3.9% during the last 3-month period . Year-to-Date the stock performance stands at 26.21%.
NiSource Inc (NI) : 5 investment research analysts covering NiSource Inc (NI) have an average price target of $25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $27 and the lowest target is $22 for the short term. Analysts expect the variance to be within $2.35 of the average price.
Company shares have received an average consensus rating of Hold for the current week NiSource Inc (NYSE:NI): The stock opened at $23.55 and touched an intraday high of $24.13 on Friday. During the day, the stock corrected to an intraday low of $23.47, however, the bulls stepped in and pushed the price higher to close in the green at $24.12 with a gain of 1.99% for the day. The total traded volume for the day was 3,700,801. The stock had closed at $23.65 in the previous trading session.
NiSource Inc. (NiSource) is an energy holding company. The Company, through its subsidiaries provides natural gas, electricity and other products and services. It is also engaged in the distribution of natural gas. The Companys business segments include: Gas Distribution Operations, which provides natural gas service and transportation services for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts; Columbia Pipeline Group Operations, which provides gas transportation and storage services for local distribution companies (LDCs), marketers and industrial and commercial customers located in 16 northeastern, mid-Atlantic, Midwestern and southern states and the District of Columbia along with unregulated businesses that include midstream services and development of mineral rights positions, and Electric Operations, which provides electric services in approximately 20 counties in the northern part of Indiana.