Tuesday, November 22, 2011

WGL Holdings (NYSE:WGL) upgraded to Buy from Hold at Brean Murray


Uploaded by on Nov 22, 2011
WGL Holdings (NYSE:WGL) upgraded to Buy from Hold at Brean Murray. The stock closed yesterday at $40.89 on volume of 631,000 shares, above the average daily volume of 254,531.

In the past 52-weeks, shares of WGL Holdings have traded between a low of $34.69 and a high of $43.88 and are now at $40.89, which is 17.9% above that low price.

WGL Holdings is currently above its 200-day moving average (MA) of $39.16 and should find resistance at its 50-day MA of $41.01. In the last five trading sessions, the 50-day MA has climbed 0.18% while the 200-day MA has risen 0.16%.

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