Pre-Market Pulse on Electric Utilities Stocks -- Research on OGE Energy, Cia Paranaense de Energia, Westar Energy, and Northeast Utilities Editor Note: For more information about this release, please scroll to bottom.
LONDON, March 31, 2014 /PRNewswire/ --
On Friday, March 28, 2014, the NASDAQ Composite ended at 4,155.76, up 0.11%, the Dow Jones Industrial Average advanced 0.36% to 16,323.06, and the S&P 500 closed at 1,857.62, up 0.46%. The gains were broad based as eight out of 10 sectors ended the session in positive. Investor-Edge has initiated coverage on the following equities: OGE Energy Corp. (NYSE: OGE), Cia Paranaense de Energia (NYSE: ELP), Westar Energy Inc. (NYSE: WR) and Northeast Utilities (NYSE: NU). Free technical research on OGE, ELP, WR and NU can be downloaded upon signing up at:
OGE Energy Corp.'s stock recorded a trading volume of 0.69 million shares on Friday, as compared with a three month average volume of 0.97 million shares. The stock ended the day at $36.39, up 0.69%, after trading between $36.06 and $36.44. The company's shares have advanced 1.08% in the last one month, 7.57% in the previous three months and 7.35% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. OGE Energy Corp.'s 200-day moving average of $35.52 is above its 50-day moving average of $35.19. Furthermore, shares of the company are trading at a PE ratio of 21.22 and have a Relative Strength Index (RSI) of 59.67. Sign up today to read free research on OGE at:
On Friday, shares in Cia Paranaense de Energia edged 1.71% higher to close the day at $13.11. A total of 0.63 million shares were traded which is above its three months average volume of 0.61 million. The company's shares oscillated between $12.88 and $13.13 during the trading session. Shares in Cia Paranaense de Energia have rallied 6.15% in the previous three trading sessions and 21.73% in the last one month, while the same has fallen by 0.23% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Cia Paranaense de Energia's 200-day moving average of $12.81 is above its 50-day moving average of $11.32. Further, the company's shares are trading at an RSI of 73.19. Sign up today to read free research on ELP at:
Westar Energy Inc.'s stock gained 0.20% on Friday, finishing the session at $34.80. The stock recorded a trading volume of 0.42 million shares as compared to a three months average volume of 0.88 million shares. The stock fluctuated between $34.60 and $34.86 during the session. Westar Energy Inc.'s shares have surged 1.69% in the last one month, 8.34% in the previous three months and 8.18% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Westar Energy Inc.'s 50-day moving average of $33.83 is above its 200-day moving average of $32.30. Moreover, the shares are trading at a PE ratio of 15.26 and have an RSI of 56.83. Sign up today to read free research on WR at:
On Friday, Northeast Utilities' stock witnessed a trading volume of 1.29 million shares, as compared with a three month average volume of 1.72 million shares. The stock ended the day flat at the previous day's closing price of $44.95, after vacillating between $44.74 and $45.08. Shares in Northeast Utilities have gained 1.12% in the last one month, 6.06% in the previous three months and 6.04% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Northeast Utilities' 50-day moving average of $43.96 is above its 200-day moving average of $42.54. Additionally, the company's shares are trading at a PE ratio of 17.87 and have an RSI of 58.09. Sign up today to read free research on NU at:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is 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 by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.