Piedmont Natural Gas Co. Inc. (PNY) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Piedmont Natural Gas Co. Inc. (PNY) experienced unusually high volume on Dec. 21, as the stock lost 0.77% to a closing price of $56.73. The stock saw 1.67 million shares trade hands over the course of the day on 3,596 trades. Given that the stock’s average daily volume over the last month has been 531,738 shares a day, this represents a pretty substantial spike over the norm.

Piedmont Natural Gas Co. Inc. has a P/B ratio of 3.2. It also has a P/E ratio of 31.5. The stock has traded between $59.14 and $34.95 over the last 52-weeks, its 50-day SMA is now $54.14, and its 200-day SMA $41.21.

Piedmont Natural Gas Co is an energy services company. It is engaged in distribution of natural gas to residential, commercial, industrial & power generation customers in portions of North Carolina, South Carolina and Tennessee.

Headquartered in Charlotte, NC, Piedmont Natural Gas Co. Inc. has 1,939 employees and is currently under the leadership of CEO Thomas E. Skains.

For a complete fundamental analysis analysis of Piedmont Natural Gas Co. Inc., check out Equities.com’s Stock Valuation Analysis report for PNY. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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

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