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Black Hills Corporation Shares Rise Above Key Average

In trading on Thursday, Black Hills Corporation shares climbed 2.8% and crossed above their 200-day moving average. This positive movement reflects investor confidence and could indicate upward momentum for the stock.

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AI Rating:   7

Stock Performance Overview

Black Hills Corporation (Symbol: BKH) has demonstrated a positive trend as its shares crossed above the 200-day moving average of $57.83, reaching a high of $58.81 during trading on Thursday. This movement, accompanied by a 2.8% increase on the day, is often seen as a bullish signal, indicating potential for further gains.

The stock's performance can be assessed by looking at its 52-week range, where it has seen a low of $49.335 and a high of $65.59. The current trading price of $58.61 suggests that the stock is performing well relative to its past year, positioned significantly above its 52-week low.