Large Outflow of Money Witnessed in National Fuel Gas Company

National Fuel Gas Company (NFG) : The total money flow in National Fuel Gas Company (NFG) was negative ($1.44 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $3.87 million. Transactions on upticks were comparatively lower at $2.43 million. The uptick to downtick ratio was 0.63. The total block trades on downticks were valued at $0.76 million. The money flow during block trades was negative ($0.76 million) when the stock traded with a gain of $3 cent. National Fuel Gas Company (NFG) was $54.84, an increase of 0.05% over the previous days close.

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National Fuel Gas Company has lost 2.59% in the last five trading days and dropped 4.99% in the last 4 weeks. National Fuel Gas Company is up 0.67% in the last 3-month period. Year-to-Date the stock performance stands at 31.17%.

National Fuel Gas Company (NFG) : Zacks Investment Research ranks National Fuel Gas Company (NFG) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.5, which indicates as a Buy.

National Fuel Gas Company (NYSE:NFG): The stock opened at $54.82 and touched an intraday high of $55.28 on Wednesday. During the day, the stock corrected to an intraday low of $54.26, however, the bulls stepped in and pushed the price higher to close in the green at $55.23 with a gain of 0.76% for the day. The total traded volume for the day was 696,347. The stock had closed at $55.22 in the previous trading session.

National Fuel Gas Company is a holding company. The Company is an energy company engaged in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates through five segments: Exploration and Production, including operations carried out through its subsidiary, Seneca Resources Corporation; Pipeline and Storage, including operations carried out through its subsidiaries, National Fuel Gas Supply Corporation and Empire Pipeline, Inc.; Gathering, including operations carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility, including operations are carried out by through its subsidiary, Distribution Corporation, and Energy Marketing, including operations carried out through its subsidiary, National Fuel Resources, Inc. The Company operates an integrated business, with assets centered in western New York and Pennsylvania. The Company also develops and produces oil reserves, primarily in California.

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