Shares of NiSource Inc (NYSE:NI) traded at a new 52-week high today of $31.31. So far today approximately 521,000 shares have been exchanged, as compared to an average 30-day volume of 4.9 million shares.
NiSource Inc (NYSE:NI) defies analysts with a current price ($31.28) 0.3% above its average consensus price target of $31.18.
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.
In the past 52 weeks, shares of NiSource Inc have traded between a low of $23.48 and a high of $31.31 and is now at $31.28, which is 33% above that low price.
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