MDU Resources Group Inc (MDU) recent activity suggests a positive outlook with the last week’s performance of 2.78%

On Friday, MDU Resources Group Inc (NYSE: MDU) was 20.36% up from the session before settling in for the closing price of $23.00. A 52-week range for MDU has been $18.04 – $22.55.

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Annual sales at Industrials sector company grew by 2.73% over the past five years. When this article was written, the company’s average yearly earnings per share was at 3.25%. With a float of $194.66 million, this company’s outstanding shares have now reached $203.62 million.

Let’s look at the performance matrix of the company that is accounted for Dec 13 2023 employees.

MDU Resources Group Inc (MDU) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward MDU Resources Group Inc stocks. The insider ownership of MDU Resources Group Inc is 4.41%, while institutional ownership is 70.51%.

MDU Resources Group Inc (MDU) Latest Financial update

Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $0.56 earnings per share (EPS) during the time that was better than consensus figure (set at $0.49) by $0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.10% during the next five years compared to 7.94% growth over the previous five years of trading.

MDU Resources Group Inc (NYSE: MDU) Trading Performance Indicators

You can see what MDU Resources Group Inc (MDU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.03, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.85 in one year’s time.

Technical Analysis of MDU Resources Group Inc (MDU)

MDU Resources Group Inc (NYSE: MDU) saw its 5-day average volume 1.49 million, a positive change from its year-to-date volume of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 80.25%. Additionally, its Average True Range was 0.39.

During the past 100 days, MDU Resources Group Inc’s (MDU) raw stochastic average was set at 92.99%, which indicates a significant decrease from 94.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.54% in the past 14 days, which was higher than the 20.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.50, while its 200-day Moving Average is $19.94. Nevertheless, the first resistance level for the watch stands at $20.58 in the near term. At $20.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.16. If the price goes on to break the first support level at $20.00, it is likely to go to the next support level at $19.64. The third support level lies at $19.42 if the price breaches the second support level.

MDU Resources Group Inc (NYSE: MDU) Key Stats

There are 203,638K outstanding shares of the company, which has a market capitalization of 4.15 billion. As of now, sales total 6,974 M while income totals 367,490 K. Its latest quarter income was 1,001 M while its last quarter net income were 74,930 K.