Southwest Gas Holdings Inc. (DE) (NYSE:SWX) traded at a new 52-week high today of $80.88. So far today approximately 194,000 shares have been exchanged, as compared to an average 30-day volume of 462,000 shares.
Based on a current price of $80.00, Southwest Gas Holdings Inc. (DE) is currently 1.8% above its average consensus analyst price target of $78.55.
Southwest Gas Holdings Inc is a utility company primarily engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas operations and Utility Infrastructure Services units. The first of these encompasses the company’s core natural gas business as one of the largest distributors in the states of Arizona and Nevada. The natural gas operations division is responsible for roughly half of Southwest Gas’ total revenue through the sale of natural gas to mainly residential and small commercial customers. The Utility Infrastructure Services segment generates the other half of the company’s total revenue from the underground piping contractor services that its subsidiary, Centuri Construction Group, provides.
Over the past year, Southwest Gas Holdings Inc. (DE) has traded in a range of $62.54 to $80.88 and is now at $80.00, 28% above that low.
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