Black Hills Corporation's share price surpasses 200-day moving average.

Black Hills Corporation (BKH) shares have crossed above their 200-day moving average of $59.22, reaching a high of $59.38 per share. The company's 52-week range is between $54.92 and $65.59 per share. BKH shares are currently trading up 0.7% on the day.

Black Hills Corporation (BKH) shares have crossed above their 200-day moving average of $59.22, reaching a high of $59.38 per share on Wednesday. The company's 52-week range is between $54.92 and $65.59 per share. BKH shares are currently trading up 0.7% on the day [2].

This move signals a potential reversal in the stock's recent downward trend, as it has been trading below its 200-day moving average since the beginning of the year. The 200-day moving average is often used as a key technical indicator to determine the long-term trend of a stock.

Black Hills Corporation is a holding company for natural gas and electricity utilities, with a focus on data center growth. The company reported strong earnings in the second quarter of 2025, with net income of $27.5 million, up from $22.8 million in the same period last year. The company's long-term EPS growth goal is 4-6% annually [3].

The move above the 200-day moving average comes amid a broader trend of energy stocks crossing above their moving averages, driven by factors such as favorable regulation of LNG export terminal construction and increased demand for natural gas to generate electricity [2].

Investors should continue to monitor the stock's performance and technical indicators to assess its long-term potential. The company's strong earnings growth and focus on data center demand make it an attractive investment opportunity in the current economic environment.

References:
[1] https://www.tipranks.com/stocks/bkh/technical-analysis
[2] https://www.nasdaq.com/articles/black-hills-bkh-shares-cross-above-200-dma
[3] https://seekingalpha.com/article/4807374-why-upranking-black-hills-stock-from-hold-to-buy-q2-earnings