Gas Natural (EGAS) Jumps: Stock Rises 6.7% - Tale of the Tape
Gas Natural Inc. ( EGAS ) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $10.31 to $10.70 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Gas Natural currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked companies engaged in utility-gas distribution include The Laclede Group, Inc. ( LG ), WGL Holdings Inc. ( WGL ) and AGL Resources Inc. ( GAS ). While The Laclede Group and WGL Holdings sport a Zacks Rank #1 (Strong Buy), AGL Resources has a Zacks Rank #2 (Buy).
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