Pre-Market Technical Recap on Electric Utilities Stocks -- American Electric Power, Dominion Energy, Entergy, and Great Plains Energy
NEW YORK, July 19, 2017 /PRNewswire/ --
If you want a Stock Review on AEP, D, ETR, or GXP then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. In today's pre-market research, DailyStockTracker.com observes the performances of American Electric Power Co. Inc. (NYSE: AEP), Dominion Energy Inc. (NYSE: D), Entergy Corp. (NYSE: ETR), and Great Plains Energy Inc. (NYSE: GXP). Electric Utilities companies are engaged in electricity generation and distribution for sale generally in a regulated market. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
American Electric Power
Columbus, Ohio headquartered American Electric Power Co. Inc.'s shares saw a slight decline of 0.28%, finishing Tuesday's trading session at $68.36. A total volume of 2.72 million shares was traded, which was above their three months average volume of 2.50 million shares. In the previous three months and since the start of this year, the stock has advanced 0.56% and 8.58%, respectively. The Company's shares are trading above their 200-day moving average by 4.41%. Moreover, shares of American Electric Power, which engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the US, have a Relative Strength Index (RSI) of 37.35.
On June 26th, 2017, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'. Free research report on AEP is available at:
http://dailystocktracker.com/registration/?symbol=AEP
Dominion Energy
On Tuesday, shares in Richmond, Virginia headquartered Dominion Energy Inc. recorded a trading volume of 1.57 million shares, and ended the session 0.31% higher at $76.86. The stock has gained 0.35% on an YTD basis. The Company's shares are trading 1.16% above their 200-day moving average. Furthermore, shares of Dominion Energy, which produces and transports energy in the US, have an RSI of 45.70.
On July 13th, 2017, Dominion Energy and Dominion Energy Midstream Partners, L.P. announced that they will host their Q2 2017 earnings conference call at 9:00 a.m. ET on August 02nd, 2017. Management will discuss Q2 2017 financial results and other matters of interest to the financial community. A live webcast of the conference call, including accompanying slides and other financial information, will be available under the Company's website. The complimentary research report on D can be downloaded at:
http://dailystocktracker.com/registration/?symbol=D
Entergy
Shares in New Orleans, Louisiana-based Entergy Corp. closed at $75.64, climbing 0.04% from the last trading session. The stock recorded a trading volume of 730,946 shares. The Company's shares have gained 2.95% since the start of this year. The stock is trading 1.89% above its 200-day moving average. Additionally, shares of Entergy, which together with its subsidiaries, engages in the production and distribution of electricity in the US, have an RSI of 40.65.
On June 28th, 2017, Entergy announced that the Louisiana Public Service Commission voted to approve construction of the Lake Charles Power Station, a 994-megawatt combined-cycle power plant in Westlake. The natural, gas-fired plant is a key element to the plan of the Company's subsidiary, Entergy Louisiana, to provide the clean, efficient energy needed to power economic growth and bring even more savings to its customers. Entergy Louisiana expects to issue full notice to proceed to construction by August 01st, 2017. Visit DailyStockTracker.com today and access our complete research report on ETR at:
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Great Plains Energy
Kansas City, Missouri headquartered Great Plains Energy Inc.'s stock ended 0.88% higher at $29.83 with a total trading volume of 2.75 million shares. The Company's shares have advanced 0.17% over the previous three months and 9.07% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.52% and 5.66%, respectively. Furthermore, shares of Great Plains Energy, which through its subsidiaries, generates, transmits, distributes, and sells electricity, have an RSI of 57.58.
On July 10th, 2017, Great Plains Energy and Westar Energy, Inc. announced that both companies' Boards of Directors have unanimously approved a revised transaction that involves no premium paid or received with respect to either company, no transaction debt, no exchange of cash, and is a stock-for-stock merger of equals, creating a company with a combined equity value of approximately $14 billion. The new, combined company will provide electric utility service to approximately one million Kansas customers and nearly 600,000 customers in Missouri.
On July 11th, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Get free access to your research report on GXP at:
http://dailystocktracker.com/registration/?symbol=GXP
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