Analysts View on Electric Utilities Stocks -- TECO Energy, Consolidated Edison, Ameren, and SCANA

09 Jun, 2016, 08:50 ET from Chelmsford Park SA

NEW YORK, June 9, 2016 /PRNewswire/ --

On Wednesday, June 08, 2016, the NASDAQ Composite ended the trading session at 4,974.64, up 0.26%; the Dow Jones Industrial Average advanced 0.37% to finish at 18,005.05; and the S&P 500 closed at 2,119.12, up 0.33%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: TECO Energy Inc. (NYSE: TE), Consolidated Edison Inc. (NYSE: ED), Ameren Corporation (NYSE: AEE), and SCANA Corporation (NYSE: SCG). Learn more about these stocks by accessing their free trade alerts at:

http://www.activewallst.com/register/

On Wednesday, shares in Tampa, Florida headquartered electric and gas utility holding Company, TECO Energy Inc., ended the session 0.11% higher at $27.67 with a total volume of 1.53 million shares traded. Shares of the Company traded at a PE ratio of 26.03. The Company's shares have gained 0.47% in the last one month, 1.61% in the previous three months, and 61.15% in the past one year. The stock is trading 0.72% above its 50-day moving average and 4.88% above its 200-day moving average. Moreover, shares of TECO Energy have a Relative Strength Index (RSI) of 71.15. Sign up and read the free notes on TE at:

http://www.activewallst.com/register/

On Wednesday, shares in New York-based Consolidated Edison Inc., which through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the U.S., ended the day 1.00% higher at $75.40 with a total volume of 1.22 million shares traded. Shares of the Company traded at a PE ratio of 19.59. The Company's shares have advanced 2.33% in the last one month, 4.61% in the previous three months and 34.10% in the past one year. The stock is trading above its 50-day and 200-day moving averages by 2.08% and 11.79%, respectively. Furthermore, shares of Consolidated Edison have an RSI of 60.03. The complimentary notes on ED can be downloaded in PDF format at:

http://www.activewallst.com/register/

St. Louis, Missouri headquartered public utility holding Company operator, Ameren Corp.'s stock finished Wednesday's session 0.40% higher at $49.68 with a total volume of 809,036 shares traded. Over the last one month and the previous three months, the Company's shares have advanced 3.46% and 3.80%, respectively. Furthermore, the Company's stock has gained 36.28% in the past one year. The stock is trading above its 50-day and 200-day moving averages by 3.44% and 12.59%, respectively. Ameren's stock has an RSI of 64.48. Register for free on ActiveWallSt.com and access the latest research on AEE at:

http://www.activewallst.com/register/

SCANA Corp.'s stock edged 0.07% higher to close the day at $70.80 with a total volume of 690,751 shares traded. The Company, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. The Company's shares have advanced 1.33% in the last one month and 6.29% in the previous three months. Furthermore, the Company's stock has surged 45.55% in the past one year. The stock is trading 2.12% and 14.97% above its 50-day and 200-day moving averages, respectively. Additionally, SCANA's stock has an RSI of 58.40. Get free access to your trade alert on SCG at:

http://www.activewallst.com/register/

--

Active Wall Street: 

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

AWS has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/

CONTACT For any questions, inquiries, or comments reach out to us directly at: Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom Email: info@activewallst.com Phone number:  1-858-257-3144

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA