Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Below 200-Day Moving Average – Here’s Why

Corning Natural Gas Holding Co. (OTCMKTS:CNIGGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $24.70 and traded as low as $24.66. Corning Natural Gas shares last traded at $24.70, with a volume of 4,000 shares trading hands.

Corning Natural Gas Price Performance

The business’s fifty day moving average price is $24.70 and its 200-day moving average price is $24.70.

About Corning Natural Gas

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Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. The company offers natural gas to approximately 15,000 customers through approximately 434 miles of distribution main and 86 regulating stations; and electricity to approximately 4,900 customers through approximately 160 miles of electric distribution wire and poles, and 20 miles of gas distribution pipe.

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