MDU Resources Group (MDU) Moving On Heavy Volume In The Pre-Market Hours

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified MDU Resources Group ( MDU) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified MDU Resources Group as such a stock due to the following factors:

  • MDU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.3 million.
  • MDU traded 65,225 shares today in the pre-market hours as of 8:45 AM, representing 12.9% of its average daily volume.

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More details on MDU:

MDU Resources Group, Inc. operates as a diversified natural resource company in the United States. The company's Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. The stock currently has a dividend yield of 2.3%. MDU has a PE ratio of 20.2. Currently there are 5 analysts that rate MDU Resources Group a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for MDU Resources Group has been 562,100 shares per day over the past 30 days. MDU Resources Group has a market cap of $5.9 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.77 and a short float of 0.6% with 1.85 days to cover. Shares are up 0.8% year-to-date as of the close of trading on Thursday.

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