MDU Resources Group Inc. (NYSE:MDU) went up by 3.99% from its latest closing price compared to the recent 1-year high of $33.34. The company’s stock price has collected 9.55% of gains in the last five trading sessions.
Is It Worth Investing in MDU Resources Group Inc. (NYSE :MDU) Right Now?
MDU Resources Group Inc. (NYSE:MDU) scored a price-to-earnings ratio above its average ratio, recording 19.07 x from its present earnings ratio. Plus, the 36-month beta value for MDU is at 0.76. Opinions of the stock are interesting as 2 analysts out of 5 who provided ratings for MDU Resources Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $34.00, which is $2.76 above the current price. MDU currently public float of 201.67M and currently shorts hold a 1.99% ratio of that float. Today, the average trading volume of MDU was 1.43M shares.
MDU’s Market Performance
MDU stocks went up by 9.55% for the week, with a monthly jump of 14.83% and a quarterly performance of 22.52%, while its annual performance rate touched -6.08%. The volatility ratio for the week stands at 3.55% while the volatility levels for the past 30 days are set at 2.12% for MDU Resources Group Inc. The simple moving average for the period of the last 20 days is 10.71% for MDU stocks with a simple moving average of 10.48% for the last 200 days.
Analysts’ Opinion of MDU
Many brokerage firms have already submitted their reports for MDU stocks, with BofA Securities repeating the rating for MDU by listing it as a “Neutral.” The predicted price for MDU in the upcoming period, according to BofA Securities is $30 based on the research report published on August 05th of the current year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see MDU reach a price target of $36. The rating they have provided for MDU stocks is “Buy” according to the report published on March 23rd, 2021.
Williams Capital Group gave a rating of “Buy” to MDU, setting the target price at $32 in the report published on September 16th of the previous year.
MDU Trading at 12.71% from the 50-Day Moving Average
After a stumble in the market that brought MDU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.80% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares surge +15.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.99% upper at present.
During the last 5 trading sessions, MDU rose by +9.55%, which changed the moving average for the period of 200-days by -1.44% in comparison to the 20-day moving average, which settled at $27.97. In addition, MDU Resources Group Inc. saw -0.32% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MDU
Current profitability levels for the company are sitting at:
- +9.40 for the present operating margin
- +13.13 for the gross margin
The net margin for MDU Resources Group Inc. stands at +6.65. Equity return is now at value 11.40, with 4.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.