On a relative basis, the stock has outperformed the S&P 500 by 4.91% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.42% in the last 1 week, and is up 6.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 13.17% from its 1 Year high price. On Jul 6, 2016, the shares registered one year high at $78.97 and the one year low was seen on Dec 11, 2015. The 50-Day Moving Average price is $73.99 and the 200 Day Moving Average price is recorded at $71.72.
The stock has recorded a 20-day Moving Average of 3.91% and the 50-Day Moving Average is 7.49%.
Dominion Resources (NYSE:D): stock turned positive on Friday. Though the stock opened at $77.41, the bulls momentum made the stock top out at $78.2 level for the day. The stock recorded a low of $76.54 and closed the trading day at $78.19, in the green by 0.93%. The total traded volume for the day was 2,259,191. The stock had closed at $77.47 in the previous days trading.
In an insider trading activity, Blue Robert M, officer (Senior Vice President) of Dominion Resources Inc /Va/, unloaded 3,088 shares at an average price of $70.13 on February 5, 2016. The total amount of the transaction was worth $216,561, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Dominion Resources, Inc. (Dominion) is a producer and transporter of energy. The Company is a provider of electricity, natural gas and related services to customers in the eastern region of the United States. The Company operates in three segments: Dominion Virginia Power (DVP), Dominion Generation and Dominion Energy. As of December 31, 2014, the Companys portfolio of assets includes approximately 24,600 megawatt (MW) of generating capacity; 6,400 miles of electric transmission lines; 57,100 miles of electric distribution lines; 10,900 miles of natural gas transmission, gathering and storage pipeline, and 21,900 miles of gas distribution pipeline, exclusive of service lines. Dominions operations are conducted through various subsidiaries, including Virginia Power and Dominion Gas. The Company also operates one of the underground natural gas storage systems, with approximately 947 billion cubic feet (bcf) of storage capacity.