NiSource Inc (NYSE:NI) traded today at a new 52-week high of $31.47. This new high was reached on below average trading volume as 186,000 shares traded hands, while the average 30-day volume is approximately 4.8 million shares.
NiSource is one of the nation’s largest natural gas distribution companies with approximately 3.5 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource’s electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, most of which is now coal-fired but is being replaced by natural gas and renewable energy.
NiSource Inc (NYSE:NI) is currently priced 1.0% above its average consensus analyst price target of $31.05.
NiSource Inc share prices have moved between a 52-week high of $31.47 and a 52-week low of $23.48 and are now trading 34% above that low price at $31.36 per share.
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