In yesterday’s Wall Street session, MDU Resources Group Inc (NYSE:MDU) shares traded at $18.25, up 1.22% from the previous session.
MDU stock price is now 1.77% away from the 50-day moving average and 21.79% away from the 200-day moving average. The market capitalization of the company currently stands at $3.72B.
With the price target maintained at $17, BofA Securities recently Upgraded its rating from Neutral to Buy for MDU Resources Group Inc (NYSE: MDU). On November 04, 2024, Siebert Williams Shank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $19, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, Johnson Rob L., President-WBI Holdings bought 36,291 shares of the company’s stock on May 07 ’24. The stock was bought for $923,970 at an average price of $25.46. Upon completion of the transaction, the President-WBI Holdings now directly owns 41,934 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’24, Director Rosenthal Dale bought 375 shares of the business’s stock. A total of $8,456 was incurred on buying the stock at an average price of $22.55. This leaves the insider owning 16,499 shares of the company worth $0.3 million. A total of 2.84% of the company’s stock is owned by insiders.
During the past 12 months, MDU Resources Group Inc has had a low of $10.41 and a high of $20.39. As of last week, the company has a debt-to-equity ratio of 0.83, a current ratio of 1.15, and a quick ratio of 1.07. The fifty day moving average price for MDU is $17.889948 and a two-hundred day moving average price translates $14.961213 for the stock.
The latest earnings results from MDU Resources Group Inc (NYSE: MDU) was released for 2024-09-30. The net profit margin was 8.92% and return on equity was 13.56% for MDU. The company reported revenue of $1.05 billion for the quarter, compared to $1.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.97 percent.
