(BKH) Black Hills - Ratings and Ratios

Black Hills Corporation (NYSE:BKH) is a diversified utility company providing electric and natural gas services across the United States. The company operates through two primary segments: Electric Utilities and Gas Utilities. The Electric Utilities segment serves approximately 225,000 customers across Colorado, Montana, South Dakota, and Wyoming, with a generation capacity of 1,394 MW and an extensive network of 9,106 miles of electric transmission and distribution lines. The Gas Utilities segment caters to around 1,128,000 customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming, managing 44,524 miles of gas distribution mains and service lines, along with 4,648 miles of intrastate gas transmission pipelines. Additionally, the company offers infrastructure construction services and operates coal-fired, natural gas, and wind power generation plants, including a coal mine in Wyoming.

Based on the provided data, Black Hills Corporations stock is expected to trade within a defined range over the next three months. Technically, the stock is currently above its 20-day and 50-day moving averages (SMA) but below its 200-day SMA, indicating short-term bullish momentum amidst a broader downtrend. The Average True Range (ATR) of 1.39 suggests moderate volatility. Fundamentally, with a forward P/E ratio of 14.49 and a stable P/B ratio of 1.24, the stock is positioned for potential stabilization. Given these factors, the stock is likely to find support near the 200-day SMA of 58.74 and face resistance around recent highs near 62. Investors should monitor earnings reports and regulatory developments for further direction.