Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Below 200-Day Moving Average – Should You Sell?

Corning Natural Gas Holding Co. (OTCMKTS:CNIGGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

Corning Natural Gas Stock Performance

The firm has a 50-day moving average price of $24.70 and a 200-day moving average price of $24.70.

Corning Natural Gas Company Profile

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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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