NiSource Inc. (NI) retreated with the stock falling -0.09% or $-0.02 to close at $22.23 on light trading volume of 2.47M compared its three months average trading volume of 2.73M. The Merrillville Indiana 46410 based company operating under the Diversified Utilities industry has been trending up for the last 52 weeks, with the shares price now 7.15% up for the period and up by 1.21% so far this year. With price target of $24.04 and a 9.56% rebound from 52-week low, NiSource Inc. has plenty of upside potential, making it a hold with a view buy.
NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company operates through two segments, Gas Distribution Operations and Electric Operations. It provides natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services. The company serves approximately 3.4 million natural gas customers and 463,000 electric customers in in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts. It also owns and operates 3 coal-fired electric generating stations with a net capability of 2,540 megawatts (MW), 3 gas-fired generating units with a net capability of 196 MW, and 2 hydroelectric generating plants with a net capability of 10 MW, as well as a combined cycle gas turbine plant with a capacity of 535 MW. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.
Atwood Oceanics, Inc. (ATW) dropped $-0.33 to close the day at a new closing price of $10.65, a -3.01% decrease in value from its previous closing price that moved the stock 90.18% above its 52 week low of $5.78. A total of 2.45M shares exchanged hands during the day compared with its three month average trading volume of 4.55M. The stock, which fluctuated between $10.56 and $11 during the day, currently situated -30.71% below its 52 week high. The stock is down by -22.99% in the past one month and up by 32.13% over the past three months. With a one year target estimate of $10.53 and RSI of 32.04, the stock still has upside potential, making it a hold for now.
Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells. As of November 11, 2016, it owned a fleet of 10 mobile offshore drilling units. The company operates its fleet in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia, and offshore Australia. Atwood Oceanics, Inc. was founded in 1968 and is headquartered in Houston, Texas.
MFA Financial, Inc. (MFA) shares were up in last trading by 0.25% to $8.04. It experienced lighter than average volume on day. The stock increased in value by almost 0.12% over the past week and grew 2.81% in the past month. It is currently trading 3.27% above its 50 day moving average and 11.29% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.74% decrease in value from its one year high of $8.1. The RSI indicator value of 67.48, lead us to believe that it is a hold for now.
MFA Financial, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), and residential whole loans, and credit risk transfer securities. Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15-year and longer term fixed-rate mortgages, as well as by mortgages that have interest rates that reset more frequently. The company has elected to be taxed as a REIT for the U.S. federal income tax purposes and would not be subject to income taxes, if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was founded in 1997 and is headquartered in New York, New York.