Technical Coverage on Electric Utilities Stocks -- Research on Entergy, Great Plains Energy, Edison Intl., and Hawaiian Electric Industries Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 16, 2014 /PRNewswire/ --
On Thursday, May 15, 2014, the NASDAQ Composite ended at 4,069.29, down 0.76%, the Dow Jones Industrial Average finished the session at 16,446.81, down 1.01% and the S&P 500 closed at 1,870.85, down 0.94%. During the trading session, nine out of ten sectors finished on a lower note. The S&P 500 Utilities Sector Index ended the day at 212.57, down 0.36%, while the index has gained 4.20% in the previous three months. Investor-Edge has initiated coverage on the following equities: Entergy Corp. (NYSE: ETR), Great Plains Energy Inc. (NYSE: GXP), Edison International (NYSE: EIX) and Hawaiian Electric Industries Inc. (NYSE: HE). Free technical research on ETR, GXP, EIX and HE can be downloaded upon signing up at:
Entergy Corp.'s stock fluctuated between $73.62 and $74.42 before ending the session 0.03% higher at $74.29. On Thursday, the company's stock reported a trading volume of 2.60 million shares, above its three months average volume of 1.78 million shares. Over the last one month and on YTD basis, Entergy Corp.'s stock has gained 3.22% and 17.42%, respectively. However, the stock has edged lower by 0.12% in the previous three trading sessions. The company's shares are trading above their 50-day and 200-day moving averages. Entergy Corp.'s 50-day moving average of $68.97 is above its 200-day moving average of $64.98. Furthermore, the company's stock traded at a PE ratio of 11.07 and has a Relative Strength Index (RSI) of 66.27. Sign up today to read free research on ETR at:
Shares in Great Plains Energy Inc. edged 0.47% lower on Thursday, closing the day at $25.46. The stock recorded a trading volume of 1.28 million shares, close to its three months average volume of 1.30 million shares. The stock oscillated between $25.33 and $25.60 during the session. Shares of the company traded at a PE ratio of 15.91. Over the previous three trading sessions and in the last one month, shares in Great Plains Energy Inc. have declined 0.51% and 5.67%, respectively. Although, the company's shares have advanced 5.03% from the beginning of 2014. Great Plains Energy Inc.'s shares are trading below their 50-day moving average. The stock's 50-day moving average of $26.55 is above its 200-day moving average of $24.41. Additionally, the company's stock has an RSI of 35.74. Sign up today to read free research on GXP at:
On Thursday, shares in Edison International recorded a trading volume of 1.56 million shares, which was below its three months average volume of 2.39 million shares. The stock ended the day at $55.24, which was 0.25% higher its previous day's closing of $55.10, and registered an intraday range of $55.03 and $55.67. Shares in Edison International have advanced 0.77% in the previous three trading sessions and 19.31% on YTD basis, while they have declined 3.00% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages of $54.93 and $49.31, respectively. Further, shares of the company traded at a PE ratio of 12.67 and have an RSI of 44.85. Sign up today to read free research on EIX at:
Shares in Hawaiian Electric Industries Inc. finished Thursday's trading session 1.42% higher at $24.28. A total of 1.11 million shares were traded, below its three months average volume of 1.17 million shares. The stock moved between $23.93 and $24.29 during the session. Shares of the company traded at a PE ratio of 14.03. Hawaiian Electric Industries Inc.'s stock has fallen by 1.90% in the last one month and 6.83% since the start of this year. However, the stock has gained 2.19% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages of $24.51 and $25.44, respectively. Moreover, the company's stock and has an RSI of 46.26. Sign up today to read free research on HE at:
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