Corning Natural Gas (OTCMKTS:CNIG) Shares Up 0.3% – Should You Buy?

Corning Natural Gas Holding Corp. (OTCMKTS:CNIG – Get Free Report) rose 0.3% on Thursday. The company traded as high as $24.77 and last traded at $24.70. Approximately 4,000 shares were traded during mid-day trading, The stock had previously closed at $24.63.

Corning Natural Gas Trading Up 0.3%

The company’s 50 day moving average is $24.70 and its 200-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 to residential, commercial and industrial customers and provides related natural gas transportation and storage services. The company is based in Corning, New York, and primarily serves communities in the Southern Tier of New York, including portions of Chemung, Schuyler and Steuben counties. Its operations include the ownership and maintenance of local gas distribution infrastructure, including pipelines and related facilities used to deliver natural gas to customers.

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