Chesapeake Utilities Corporation (CPK) Soars 7.05% on November 10

Equities Staff  |

Chesapeake Utilities Corporation (CPK) had a good day on the market for Tuesday November 10 as shares jumped 7.05% to close at $109.98. About 105,992 shares traded hands on 2,109 trades for the day, compared with an average daily volume of n/a shares out of a total float of 17.46 million. After opening the trading day at $103.61, shares of Chesapeake Utilities Corporation stayed within a range of $109.99 to $103.61.

With today's gains, Chesapeake Utilities Corporation now has a market cap of $1.92 billion. Shares of Chesapeake Utilities Corporation have been trading within a range of $106.04 and $69.48 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Chesapeake Utilities Corp is an American energy company primarily engaged in the provision of regulated energy services. Chesapeake Utilities segments its operations into Regulated Energy and Unregulated Energy units. Most of the company's total revenue is derived from its natural gas distribution and transmission business within the Regulated Energy division. While this division distributes the most gas to industrial consumers in Florida in terms of volume, it generates the most revenue from residential customers living around the Delmarva Peninsula in the Mid-Atlantic U.S. Chesapeake's propane distribution and wholesale business in its Unregulated Energy division also generates a significant amount of revenue from sales in the same region.

Chesapeake Utilities Corporation is based out of Dover, DE and has some 955 employees. Its CEO is Jeffry M. Householder.

For a complete fundamental analysis of Chesapeake Utilities Corporation, check out Equities.com’s Stock Valuation Analysis report for CPK.

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Chesapeake Utilities Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Chesapeake Utilities Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: CPK’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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