Electric Utilities Stocks Coverage -- Cia Energetica de Minas Gerais, Southern, FirstEnergy, NextEra Energy, and Entergy Editor Note: For more information about this release, please scroll to bottom.
LONDON, August 29, 2014 /PRNewswire/ --
On Thursday, August 28, 2014, the NASDAQ Composite ended at 4,557.70, down 0.26%, the Dow Jones Industrial Average finished the day 0.25% lower at 17,079.57, and the S&P 500 closed at 1,996.74, down 0.17%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Utilities Sector Index ended the day at 217.08, up 0.67%, while the index has declined 0.80% in the last one month. Investor-Edge has initiated coverage on the following equities: Cia Energetica de Minas Gerais (NYSE: CIG), The Southern Company (NYSE: SO), FirstEnergy Corporation (NYSE: FE), NextEra Energy Inc. (NYSE: NEE), and Entergy Corporation (NYSE: ETR). Free research on these five companies can be accessed at:
On Thursday, shares in Cia Energetica de Minas Gerais recorded a trading volume of 3.43 million shares, lower than its three months average volume of 4.37 million shares. The stock finished the day at $8.55, down 0.23%, and registered an intraday range of $8.46 and $8.69. Shares of Cia Energetica de Minas Gerais have declined 3.82% in the last one month. However, the stock has surged 26.81% in the past three months and 54.75% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $8.25 is above its 200-day moving average of $6.53. Additionally, shares of Cia Energetica de Minas Gerais have a Relative Strength Index (RSI) of 52.31. Sign up and read the free notes on CIG at:
The Southern Co.'s stock advanced 0.91%, to close Thursday's session at $44.23, after oscillating between $43.69 and $44.27. The stock recorded a trading volume of 2.95 million shares, below its three months average volume of 4.34 million shares. Over the last one month, The Southern Co.'s shares have lost 2.49%. However, over the past three months and from the beginning of 2014, the stock has gained 1.80% and 7.59%, respectively. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $44.12 is above its 200-day moving average of $42.92. Further, The Southern Co.'s stock traded at a PE ratio of 15.31 and has an RSI of 51.48. The complimentary notes on SO can be downloaded as in PDF format at:
On Thursday, shares in FirstEnergy Corp. finished the session 0.56% higher at $33.99. A total of 1.33 million shares were traded, which was below its three months average volume of 3.57 million shares. The stock moved between $33.59 and $34.03 during the session. Over the last one month and past three months, FirstEnergy Corp.'s shares have advanced 4.88% and 1.04%, respectively. Also, the stock has gone up 3.06% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $32.82 is greater than its 200-day moving average of $32.70. Shares of FirstEnergy Corp. traded at a PE ratio of 14.62 and have an RSI of 62.71. Register for free on Investor-Edge and access the latest research on FE at:
NextEra Energy Inc.'s stock fluctuated between $96.38 and $97.71 before ending Thursday's session up 0.66%, at $97.53. The stock reported a trading volume of 0.94 million shares, below its three months average volume of 1.94 million shares. Further, NextEra Energy Inc.'s shares have plummeted 2.06% over the last one month. However, the stock has gone up 0.17% over the past three months and 13.91% on YTD basis. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $97.84 is greater than its 200-day moving average of $93.08. Moreover, shares of NextEra Energy Inc. traded at a PE ratio of 23.26 and have an RSI of 50.65. The complete research on NEE is available for free at:
Entergy Corp.'s stock gained 1.13%, to close Thursday's session at $76.33, after vacillating between $75.22 and $76.38. The stock recorded a trading volume of 0.85 million shares, below its three months average volume of 1.66 million shares. Over the last one month, Entergy Corp.'s shares have fallen by 0.03%. However, over the past three months and from the beginning of 2014, the stock has surged 2.29% and 20.64%, respectively. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $76.26 is above its 200-day moving average of $69.13. Further, Entergy Corp.'s stock traded at a PE ratio of 11.85 and has an RSI of 55.29. Free in depth research on ETR is available at:
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