Large Inflow of Money Witnessed in WGL Holdings Inc

WGL Holdings Inc (WGL) : $7.15 million worth of transactions were on upticks in WGL Holdings Inc (WGL), compared to $4.77 million on downticks. The ratio between the two was 1.5, whereas, the net money flow stood at a healthy $2.38 million on Thursdays session. The consistent buying on upticks in the stock accounted for $1.92million worth of trades. The total money flow into the stock stood at $1.92 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1%. The stock was trading at $70.83, with a drop of $0.72 over the previous days close. The stock recorded 0.29% for the week.


WGL Holdings Inc (WGL) : The highest short term price target forecast on WGL Holdings Inc (WGL) is $63 and the lowest target price is $57. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $60.67 with a standard deviation of $3.21. The stock has recorded a 20-day Moving Average of 2.46% and the 50-Day Moving Average is 4.32%.

WGL Holdings Inc (NYSE:WGL): The stock opened at $71.23 on Thursday but the bulls could not build on the opening and the stock topped out at $71.43 for the day. The stock traded down to $69.79 during the day, due to lack of any buying support eventually closed down at $70.00 with a loss of -2.17% for the day. The stock had closed at $71.55 on the previous day. The total traded volume was 497,613 shares.

WGL Holdings, Inc. (WGL Holdings), is a United States of America-based public utility holding. Through its wholly owned subsidiaries, it sells and delivers natural gas and provides energy-related products and services to customers primarily in the District of Columbia and the surrounding metropolitan areas in Maryland and Virginia. Promotes the efficient use of clean natural gas and renewable energy to improve the environment for the benefit of customers, investors, employees, and the communities it serves. The Companys business segments include Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems and Midstream Energy Services. WGL Holdings owns all of the shares of common stock of Washington Gas, Washington Gas Resources, Hampshire Gas Company (Hampshire) and Crab Run Gas Company (Crab Run). Washington Gas Resources owns four unregulated subsidiaries that include WGEServices, WGESystems, and WGL Midstream.

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