Yesterday it was reported that a Director at New Jersey Resources Corporation (NJR), Laurence Downes, exercised options to buy 12,730 NJR shares at $45.22 a share, for a total transaction value of $575.7K.
Following this transaction Laurence Downes’ holding in the company was increased by 3.13% to a total of $17.86 million.
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The company has a one-year high of $51.83 and a one-year low of $43.12. Currently, New Jersey Resources Corporation has an average volume of 399.58K. NJR’s market cap is $3.89B and the company has a P/E ratio of 28.53.
The insider sentiment on New Jersey Resources Corporation has been negative according to 56 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.
