Shares of Atmos Energy Corporation (NYSE:ATO) traded today at $116.87, eclipsing its 52-week high. Approximately 118,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About 70% of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
Atmos Energy Corporation (NYSE:ATO) is currently priced 4.9% above its average consensus analyst price target of $111.02.
Over the past year, Atmos Energy Corporation has traded in a range of $85.80 to $116.87 and is now at $116.80, 36% above that low.
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