A new trading day began on Monday, with NiSource Inc (NYSE: NI) stock price down -0.92% from the previous day of trading, before settling in for the closing price of $27.07. NI’s price has ranged from $22.86 to $28.95 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 1.98%. Meanwhile, its annual earnings per share averaged 7.53%. With a float of $444.91 million, this company’s outstanding shares have now reached $447.38 million.
The extent of productivity of a business whose workforce counts for 7411 workers is very important to gauge.
NiSource Inc (NI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Gas Industry. The insider ownership of NiSource Inc is 0.59%, while institutional ownership is 92.31%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 38,385.00 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
Here are NiSource Inc’s current performance indicators. According to the last quarter’s results, the 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 2.18.
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)
The latest stats from [NiSource Inc, NI] show that its last 5-days average volume of 4.27 million was inferior to 4.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.63%. Additionally, its Average True Range was 0.43.
During the past 100 days, NiSource Inc’s (NI) raw stochastic average was set at 68.64%, which indicates a significant increase from 13.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.08% in the past 14 days, which was lower than the 16.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.50, while its 200-day Moving Average is $26.40. Now, the first resistance to watch is $27.20. This is followed by the second major resistance level at $27.58. The third major resistance level sits at $27.84. If the price goes on to break the first support level at $26.56, it is likely to go to the next support level at $26.30. Assuming the price breaks the second support level, the third support level stands at $25.92.
NiSource Inc (NYSE: NI) Key Stats
With a market capitalization of 12.00 billion, the company has a total of 448,188K Shares Outstanding. Currently, annual sales are 5,505 M while annual income is 714,300 K. The company’s previous quarter sales were 1,422 M while its latest quarter income was 237,400 K.
