MDU Resources Group Inc (MDU) 20 Days SMA touches -2.39%: The odds favor the bear

MDU Resources Group Inc (NYSE: MDU) on Tuesday, plunged -0.92% from the previous trading day, before settling in for the closing price of $23.83. Within the past 52 weeks, MDU’s price has moved between $18.04 and $25.78.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Industrials Sector giant was 1.43%. The company achieved an average annual earnings per share of 4.66%. With a float of $194.28 million, this company’s outstanding shares have now reached $203.69 million.

Let’s determine the extent of company efficiency that accounts for 9145 employees.

MDU Resources Group Inc (MDU) Insider Activity

Observing investor behavior towards Conglomerates industry stocks is more important than anything else. The insider ownership of MDU Resources Group Inc is 4.62%, while institutional ownership is 71.81%. The most recent insider transaction that took place on Mar 12 ’24, was worth 8,456. In this transaction Director of this company bought 375 shares at a rate of $22.55, taking the stock ownership to the 16,499 shares.

MDU Resources Group Inc (MDU) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 79.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.66% 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 7.93% growth over the previous five years of trading.

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

MDU Resources Group Inc (MDU) is currently performing well based on its current performance indicators. A quick ratio of 1.19 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.03, a number that is poised to hit 0.47 in the next quarter and is forecasted to reach 1.67 in one year’s time.

Technical Analysis of MDU Resources Group Inc (MDU)

Looking closely at MDU Resources Group Inc (NYSE: MDU), its last 5-days average volume was 0.99 million, which is a drop from its year-to-date volume of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 5.38%. Additionally, its Average True Range was 0.48.

During the past 100 days, MDU Resources Group Inc’s (MDU) raw stochastic average was set at 70.67%, which indicates a significant increase from 7.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.99% in the past 14 days, which was higher than the 18.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $22.49, while its 200-day Moving Average is $20.51. However, in the short run, MDU Resources Group Inc’s stock first resistance to watch stands at $23.78. Second resistance stands at $23.96. The third major resistance level sits at $24.13. If the price goes on to break the first support level at $23.44, it is likely to go to the next support level at $23.27. Should the price break the second support level, the third support level stands at $23.09.

MDU Resources Group Inc (NYSE: MDU) Key Stats

Market capitalization of the company is 4.81 billion based on 203,888K outstanding shares. Right now, sales total 4,657 M and income totals 414,710 K. The company made 828,080 K in profit during its latest quarter, and 170,730 K in sales during its previous quarter.