Shares of NewJersey Resources Corporation (NYSE:NJR) traded today at $43.98, eclipsing its 52-week high. Approximately 76,000 shares have changed hands today, as compared to an average 30-day volume of 459,000 shares.
NewJersey Resources Corporation (NYSE:NJR) is currently priced 32.0% above its average consensus analyst price target of $29.74.
Over the past year, NewJersey Resources Corporation has traded in a range of $25.87 to $43.98 and is now at $43.73, 69% above that low.
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to 560,000 customers in the state. NJR’s nonregulated businesses include retail gas supply and solar investments primarily in New Jersey. NJR also is an equity investor and owner in several large midstream gas projects.
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