Uploaded by FinancialNewsOnline 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%.
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%.