Corning Natural Gas (OTCMKTS:CNIG) Share Price Breaks Above 50-Day Moving Average – What’s Next?

Corning Natural Gas Holding Corp. (OTCMKTS:CNIG – Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $24.70 and traded as high as $24.77. Corning Natural Gas shares last traded at $24.70, with a volume of 4,000 shares changing hands.

Corning Natural Gas Price Performance

The stock’s 50-day simple moving average is $24.70 and its 200 day simple moving average is $24.70.

About Corning Natural Gas

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Corning Natural Gas Holding Corporation, through its principal subsidiary Corning Natural Gas Corporation, operates as a regulated natural gas utility. The company distributes natural gas through its pipeline network to residential, commercial and industrial customers.

The company serves communities in and around Corning, New York, including portions of the Southern Tier and Finger Lakes regions. Its activities generally include the transportation and delivery of natural gas, customer service, system maintenance and related utility operations.

Corning Natural Gas Corporation traces its history to the early 20th century and has long provided natural gas service in the Corning area.

Further Reading

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