Dominion Resources (D) : Traders are bullish on Dominion Resources (D) as it has outperformed the S&P 500 by a wide margin of 1.07% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.98%, relative to the S&P 500. The stock has risen by 3.53% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.98% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.49% and the 50-Day Moving Average is 0.68%.The 200 Day SMA reached 5.59% Dominion Resources, Inc. is up 2.22% in the last 3-month period. Year-to-Date the stock performance stands at 14.26%.
Dominion Resources (D) : The highest short term price target forecast on Dominion Resources (D) is $83 and the lowest target price is $77. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $80.17 with a standard deviation of $2.79.
For the current week, the company shares have a recommendation consensus of Buy. Dominion Resources (NYSE:D): The stock opened at $74.25 and touched an intraday high of $75.3 on Friday. During the day, the stock corrected to an intraday low of $73.95, however, the bulls stepped in and pushed the price higher to close in the green at $75.06 with a gain of 0.82% for the day. The total traded volume for the day was 4,744,365. The stock had closed at $74.45 in the previous trading session.
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.