Southwest Gas Corporation stock performance trend indicates that the stock price has rallied 8.17% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.74% . Looking at the past 52 week period, the stock price is up at 27.94% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Southwest Gas Corporation has a positive value of 24.13 compared to overall market.Southwest Gas Holdings, Inc. is having a Relative Strength Index of 47.19 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Southwest Gas Corporation (NYSE:SWX) has tumbled 0.5% during the past week and has dropped 1.12% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.73%. Southwest Gas Corporation (NYSE:SWX) has underperformed the index by 2.24% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Southwest Gas Corporation (NYSE:SWX) : On Friday heightened volatility was witnessed in Southwest Gas Corporation (NYSE:SWX) which led to swings in the share price. The stock opened for trading at $82.02 and hit $82.86 on the upside , eventually ending the session at $82.25, with a gain of 0.49% or 0.4 points. The heightened volatility saw the trading volume jump to 1,372,029 shares. The 52-week high of the share price is $86.65 and the company has a market cap of $3,911 million. The 52-week low of the share price is at $62.75 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Southwest Gas Corporation was Downgraded by BofA/Merrill to Neutral on Mar 6, 2017. Southwest Gas Corporation was Downgraded by Jefferies to Underperform on Jan 12, 2017.
Company has reported several Insider transactions to the SEC, on Nov 23, 2016, Gregory J Peterson (VP/Controller/CAO) sold 600 shares at 75.19 per share price.On Nov 14, 2016, Kenneth J Kenny (VP/Finance/Treasur) sold 300 shares at 72.03 per share price.On Nov 14, 2016, Eric Debonis (SVP/Operations) sold 245 shares at 71.55 per share price.
Southwest Gas Corporation Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.00. The company had revenue of $539.97 million for the quarter, compared to analysts expectations of $528.36 million. The companys revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.10 EPS.
Southwest Gas Holdings, Inc. is an energy holding company based in Las Vegas, Nevada. Southwest Gas Holdings, Inc. owns two primary operating companies, Southwest Gas Corporation and Centuri Construction Group, Inc. Southwest Gas Corporation is a regulated utility and provides natural gas service to more than 1.9 million residential, commercial, and industrial customers in most of Arizona and Nevada, and parts of northeastern and southeastern California. Centuri Construction Group, Inc., is a full-service underground piping contractor that primarily provides utility companies with trenching and installation, replacement, and maintenance services for energy distribution systems, and develops industrial construction solutions. Centuri Construction Group Inc. operates in major markets across the United States and Canada.