Can the Rally in Delta Natural Gas (DGAS) Shares Continue? - Tale of the Tape
11 Marzo 2014 - 8:45AM
Zacks
Delta Natural Gas Company, Inc.
(DGAS) has been on the move lately as the stock has risen
by 15.9% in the past four weeks, and it is currently trading well
above its 20-Day SMA. This is a pretty solid move higher, but the
question that has to be on investors’ minds right now is; can this
trend continue?
While there can be no telling for sure, it is certainly encouraging
that earnings estimates have risen in the past few weeks on the
company, suggesting that sentiment on DGAS is moving in the right
direction. In fact, the stock currently has a Zacks Rank #1 (Strong
Buy), suggesting that the recent run could certainly continue for
this in-focus company.
DELTA NAT GAS (DGAS): Free Stock Analysis Report
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