Today, the Chairman & CEO of Newjersey Resources Corp (NJR), Laurence Downes, bought shares of NJR for $18.92K.
Following Laurence Downes’ last NJR Buy transaction on November 13, 2014, the stock climbed by 22.4%. This is Downes’ first Buy trade following 16 Sell transactions.
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NJR’s market cap is $4.25B and the company has a P/E ratio of 18.04. Currently, Newjersey Resources Corp has an average volume of 418.8K.
The insider sentiment on Newjersey Resources Corp has been negative according to 62 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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New Jersey Resources Corp. is a holding company, which provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. It operates through the following segments: New Jersey Natural Gas, NJR Clean Energy Ventures, NJR Energy Services, NJR Midstream, and NJR Home Services.
