Southwest Gas Holdings Inc. (DE): The Winning Streak Continues (SWX)

May 27, 2022 14:01:26

Southwest Gas Holdings Inc. (DE) (NYSE:SWX) traded today at a new 52-week high of $95.62. Approximately 514,000 shares have changed hands today, as compared to an average 30-day volume of 681,000 shares.

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.

Southwest Gas Holdings Inc. (DE) has overhead space with shares priced $93.35, or 13.0% below the average consensus analyst price target of $107.36.

In the past 52 weeks, shares of Southwest Gas Holdings Inc. (DE) have traded between a low of $62.54 and a high of $95.62 and is now at $93.35, which is 49% above that low price.

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