NEW YORK, June 8, 2017 /PRNewswire/ --
This morning, DailyStockTracker.com monitors Eversource Energy (NYSE: ES), TerraForm Global Inc. (NASDAQ: GLBL), TerraForm Power Inc. (NASDAQ: TERP), and Northwestern Corp. (NYSE: NWE). Diversified Utilities companies provide residential, commercial, and industrial consumers with a wide array of utilities, including electricity, natural gas, steam, and water. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
Springfield, Massachusetts-based Eversource Energy's stock finished Wednesday's session 0.68% higher at $62.58. A total volume of 1.74 million shares was traded, which was above their three months average volume of 1.39 million shares. The Company's shares have advanced 4.72% in the past month, 8.80% over the previous three months, and 13.31% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.24% and 11.36%, respectively. Furthermore, shares of Eversource Energy, which engages in the energy delivery business, have a Relative Strength Index (RSI) of 71.65.
On June 02nd, 2017, Eversource Energy announced that it reached an agreement to acquire Aquarion Water Company for an enterprise value of $1.675 billion, comprised of $880 million in cash and $795 million of assumed Aquarion debt. The acquisition will combine New England's largest energy company with the region's largest private water company. Visit us today and access our complete research report on ES at:
Shares in Bethesda, Maryland headquartered TerraForm Global Inc. ("GLBL") ended at $4.93, up 1.03% from the last trading session. The stock recorded a trading volume of 4.94 million shares, which was above its three months average volume of 1.13 million shares. The Company's shares have gained 1.55% in the last one month, 0.51% in the previous three months, and 24.68% on an YTD basis. The stock is trading 2.98% above its 50-day moving average and 15.92% above its 200-day moving average. Moreover, shares of GLBL, which owns and operates renewable energy power plants, have an RSI of 63.21.
On June 06th, 2017, GLBL announced that the US Bankruptcy Court for the Southern District of New York authorized and approved the entry by SunEdison, Inc. and its debtor subsidiaries (together, "SunEdison") into the previously announced settlement agreement and voting and support agreement with the Company, as well as the performance by SunEdison of its obligations under these agreements. This Bankruptcy Court approval is a condition to the completion of GLBL's merger with Brookfield. The complimentary report on GLBL can be downloaded at:
Bethesda, Maryland headquartered TerraForm Power Inc.'s stock ended yesterday's session 2.18% lower at $11.69. A total volume of 702,515 shares was traded, which was above their three months average volume of 513,670 shares. The Company's shares are trading 5.35% below their 50-day moving average. Additionally, shares of TerraForm Power, which owns and operates solar and wind generation assets serving utility, commercial, and residential customers, have an RSI of 34.83.
On May 11th, 2017, TerraForm Power announced that its subsidiary, TerraForm Power Operating, LLC, has completed its previously announced sale of a portfolio of 24 operating solar projects in the United Kingdom, representing 365 MW to Vortex, a renewable energy platform managed by EFG Hermes' private equity arm. The Company expects to use the transaction proceeds to enhance its liquidity position and reduce its net debt. Register for free on DailyStockTracker.com and access the latest research report on TERP at:
On Wednesday, shares in Sioux Falls, South Dakota-based Northwestern Corp. recorded a trading volume of 340,512 shares. The stock finished 0.57% lower at $62.37. The Company's shares have advanced 2.87% in the last one month, 10.02% in the previous three months, and 9.67% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.57% and 7.77%, respectively. Furthermore, shares of Northwestern, which provides electricity and natural gas to residential, commercial, and industrial customers in Montana, South Dakota, and Nebraska, the US, have an RSI of 65.87.
On May 17th, 2017, Northwestern, doing business as NorthWestern Energy ("NEW"), issued a Request for Proposals seeking up to 45 megawatts of renewable generation owned by Montana residents. The Company is required, per state law, to procure energy from Community Renewable Energy Projects (CREP), which meet certain criteria including cost-effectiveness to NWE's customers. CREP is part of the Montana Renewable Portfolio Standard. Get free access to your research report on NWE at:
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