NiSource Inc (NI) posted a -0.11% change over the last five days signaling a new trend

NiSource Inc (NYSE: NI) kicked off on Monday, up 0.96% from the previous trading day, before settling in for the closing price of $27.19. Over the past 52 weeks, NI has traded in a range of $22.86-$28.95.

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Utilities Sector giant saw their annual sales surged by 1.98% over the last five years. While this was happening, its average annual earnings per share was recorded 7.53%. With a float of $444.91 million, this company’s outstanding shares have now reached $447.38 million.

The firm has a total of 7411 workers. Let’s measure their productivity.

NiSource Inc (NI) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Gas Industry. The insider ownership of NiSource Inc is 0.59%, while institutional ownership is 92.32%. The most recent insider transaction that took place on Mar 15 ’24, was worth 25,133. In this transaction VP & Chief Accounting Officer of this company sold 950 shares at a rate of $26.46, taking the stock ownership to the 28,526 shares. Before that another transaction happened on Mar 06 ’24, when Company’s EVP & Chief Innovation Officer sold 37,490 for $26.78, making the entire transaction worth $1,003,982. This insider now owns 195,855 shares in total.

NiSource Inc (NI) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.53 earnings per share (EPS), lower than consensus estimate (set at $0.54) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.53% per share during the next fiscal year.

NiSource Inc (NYSE: NI) Trading Performance Indicators

Take a look at NiSource Inc’s (NI) current performance indicators. Last quarter, stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.48, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 1.85 in one year’s time.

Technical Analysis of NiSource Inc (NI)

Analysing the last 5-days average volume posted by the [NiSource Inc, NI], we can find that recorded value of 2.81 million was lower than the volume posted last year of 4.27 million. As of the previous 9 days, the stock’s Stochastic %D was 45.09%. Additionally, its Average True Range was 0.40.

During the past 100 days, NiSource Inc’s (NI) raw stochastic average was set at 90.59%, which indicates a significant increase from 74.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.14% in the past 14 days, which was lower than the 18.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $26.39, while its 200-day Moving Average is $26.40. Now, the first resistance to watch is $27.61. This is followed by the second major resistance level at $27.78. The third major resistance level sits at $27.98. If the price goes on to break the first support level at $27.24, it is likely to go to the next support level at $27.04. Now, if the price goes above the second support level, the third support stands at $26.87.

NiSource Inc (NYSE: NI) Key Stats

The company with the Market Capitalisation of 12.28 billion has total of 448,188K Shares Outstanding. Its annual sales at the moment are 5,505 M in contrast with the sum of 714,300 K annual income. Company’s last quarter sales were recorded 1,422 M and last quarter income was 237,400 K.