APA Group (OTCMKTS:APAJF – Get Free Report) shares were up 0.9% during mid-day trading on Thursday . The company traded as high as $7.4740 and last traded at $7.4740. Approximately 146,082 shares traded hands during trading, an increase of 1,752% from the average daily volume of 7,887 shares. The stock had previously closed at $7.41.
APA Group Price Performance
The firm has a 50-day moving average of $7.17 and a 200 day moving average of $6.45.
About APA Group
APA Group is one of Australia’s leading energy infrastructure companies, primarily engaged in the ownership, operation and development of natural gas transmission pipelines and related assets. The company’s network extends over 15,000 kilometres, connecting major gas basins to industrial, commercial and residential users across eastern and western Australia, the Northern Territory and into New Zealand. Beyond gas transportation, APA Group also provides gas storage services and operates a growing portfolio of electricity transmission assets and telecommunications infrastructure co-located with its pipeline corridors.
Founded in 2000 as the APA Gas Pipeline Trust and rebranded as APA Group in 2004, the company has expanded through strategic acquisitions and greenfield developments.
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