Gas Natural Inc (EGAS) Downgraded by Wunderlich

Wunderlich cut shares of Gas Natural Inc (AMEX:EGAS) from a buy rating to a sell rating in a research report released on Tuesday morning. They currently have $9.50 target price on the stock.

Shares of Gas Natural (AMEX:EGAS) opened at 12.52 on Tuesday. The stock’s 50 day moving average is $8.19 and its 200-day moving average is $7.45. Gas Natural has a one year low of $6.50 and a one year high of $12.85. The stock has a market capitalization of $131.65 million and a price-to-earnings ratio of 56.14.

About Gas Natural

Gas Natural Inc is a natural gas company. The Company operates through three segments: Natural Gas; Marketing and Production, and Corporate and Other. The Natural Gas segment annually distributes approximately 20 billion cubic feet of natural gas to its customers through regulated utilities operating in Maine, Montana, North Carolina and Ohio.

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