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Piedmont Natural Gas Co., Inc. Breaks Below 200-Day Moving Average - Bearish for PNY

By Market News Video Staff, Wednesday, September 21, 11:01 AM ET
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In trading on Wednesday, shares of Piedmont Natural Gas Co., Inc. (NYSE:PNY) crossed below their 200 day moving average of $29.65, changing hands as low as $29.50 per share. Piedmont Natural Gas Co., Inc. shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of PNY shares, versus its 200 day moving average:

Piedmont Natural Gas Co., Inc. 200 Day Moving Average Chart

Looking at the chart above, PNY's low point in its 52 week range is $25.86 per share, with $32.00 as the 52 week high point — that compares with a last trade of $29.59.

PNY makes up 10.02% of the S&P SmallCap Utilities Portfolio ETF (NASDAQ:PSCU)

PNY operates in the Gas Utilities sector, among companies like Nuvista Energy Ltd (TSE:NVA.CA) which is down about 2.2% today, and China Natural Gas Inc (CHNG) trading relatively unchanged. Below is a three month price history chart comparing the stock performance of PNY, versus NVA.CA and CHNG.

PNY,NVA.CA,CHNG Relative Performance Chart


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This Article's Word Cloud:   Below   CHNG   Investment   Moving   Natural   PSCU   Piedmont   Portfolio   Their   Utilities   Wednesday   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   down   growth   hands   history   leads   moving   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   unchanged   versus   week   with
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Piedmont Natural Gas Co., Inc. Breaks Below 200-Day Moving Average - Bearish for PNY | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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