Black Hills Corporation (NYSE:BKH) traded at a new 52-week high today of $73.97. This new high was reached on below average trading volume as 52,000 shares traded hands, while the average 30-day volume is approximately 425,000 shares.
Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company’s customers include residential, commercial, industrial, and municipal consumers. Most of these customers are residential. Black Hills derives the majority of its revenue from its utilities business group, specifically from electric utilities.
Based on a current price of $73.83, Black Hills Corporation is currently 2.0% above its average consensus analyst price target of $72.38.
In the past 52 weeks, Black Hills Corporation share prices are bracketed by a low of $61.95 and a high of $73.97 and is now at $73.83, 19% above that low price.
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