Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Above 50-Day Moving Average of $19.29

Shares of Corning Natural Gas Holding Corp (OTCMKTS:CNIG) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $19.29 and traded as high as $18.43. Corning Natural Gas shares last traded at $18.43, with a volume of 362 shares.

The company has a quick ratio of 0.39, a current ratio of 0.63 and a debt-to-equity ratio of 1.01. The company has a fifty day moving average of $19.26 and a 200-day moving average of $20.51.

Corning Natural Gas (OTCMKTS:CNIG) last posted its quarterly earnings data on Monday, August 19th. The utilities provider reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $6.94 million during the quarter. Corning Natural Gas had a return on equity of 8.31% and a net margin of 7.90%.

Corning Natural Gas Company Profile (OTCMKTS:CNIG)

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 425 miles of distribution main and 86 regulating stations; and electricity to approximately 4,800 customers through approximately 160 miles of electric distribution wire and poles, and 21 miles of gas distribution pipe.

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