Corning Natural Gas (OTCMKTS:CNIG) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Corning Natural Gas Holding Corp. (OTCMKTS:CNIG – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $24.70 and traded as low as $24.66. Corning Natural Gas shares last traded at $24.70, with a volume of 4,000 shares.

Corning Natural Gas Trading Up 0.3%

The firm’s 50-day moving average is $24.70 and its two-hundred day 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.

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