Gas Natural (Gas Natural) 6-1 Month Momentum % : 2.37% (As of May. 05, 2024)

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What is Gas Natural 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-05), Gas Natural's 6-1 Month Momentum % is 2.37%.

The industry rank for Gas Natural's 6-1 Month Momentum % or its related term are showing as below:

EGAS's 6-1 Month Momentum % is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.84 vs EGAS: 2.37

Competitive Comparison of Gas Natural's 6-1 Month Momentum %

For the Utilities - Regulated Gas subindustry, Gas Natural's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gas Natural's 6-1 Month Momentum % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gas Natural's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Gas Natural's 6-1 Month Momentum % falls into.

Gas Natural (AMEX:EGAS) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gas Natural (AMEX:EGAS) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Gas Natural 6-1 Month Momentum % Related Terms

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Gas Natural (Gas Natural) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gas Natural Inc (AMEX:EGAS) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ewst.com

Gas Natural Inc was incorporated in Montana in 1909 and was reorganized as a holding company in 2009 as a means to facilitate future acquisitions and corporate level financing of natural gas utility and energy-related businesses. On July 9, 2010 the Company moved its state of incorporation to Ohio and changed its name from Energy, Inc. to Gas Natural Inc. The Company is a natural gas company, operating local distribution companies in six states and serving approximately 69,400 customers in total. It reports results in three business segments; Natural Gas, Marketing and Production, Corporate and Other. Natural Gas represents the majority of the Company's revenue, it annually distributes approximately 21 Bcf of natural gas to approximately 68,000 customers through regulated utilities operating in Kentucky, Maine, Montana, North Carolina, Ohio, and Pennsylvania. In the Marketing and Production segment, the Company markets approximately 3.6 Bcf of natural gas to commercial and industrial customers in Montana, Wyoming, Ohio, and Pennsylvania through EWR and GNR subsidiaries. Its EWR subsidiary also manages midstream supply and production assets for transportation customers and utilities. Corporate and Other encompasses the results of corporate acquisitions and other equity transactions and discontinued operations. Included in corporate and other are costs associated with business development and acquisitions, dividend income and recognized gains from the sale of marketable securities. In the Company's natural gas operations, it generally faces competition in the distribution and sales of natural gas from suppliers of other fuels, including coal, electricity, oil and propane. Its utility operations are subject to regulation by the KPSC, MPUC, MPSC, NCUC, PUCO, and the PaPUC. These authorities regulate many aspects of Company's distribution operations, including construction and maintenance of facilities, operations, safety, and regulatory rates charged to customers which control the rate of return it is allowed to realize.

Executives

Michael R Winter	director	C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Robert B Johnston	director
Michael I German	director	C/O ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
James R Smail	director	112 W MARKET STREET, ORRVILLE OH 44667
James W Garrett	officer: President and COO	MORGAN STANLEY INVESTMENT MANAGEMENT, 522 5TH AVENUE, FLOOR 20, NEW YORK NY 10036
Terry M Palmer	director	PO BOX 2229, GREAT FALLS MT 59403

Gas Natural (Gas Natural) Headlines

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