NEW YORK, March 3, 2017 /PRNewswire/ --
Pre-market, Stock-Callers.com draws investors' attention to these equities in the Diversified Utilities space: NRG Energy Inc. (NYSE: NRG), Exelon Corp. (NYSE: EXC), Public Service Enterprise Group Inc. (NYSE: PEG), and Cosan Ltd (NYSE: CZZ). These companies are part of the Utilities sector, which registered its best weekly performance on February 24th, 2017 since July, as investors poured more into dividend-paying stocks. As per a NASDAQ article, the Utility Select Sector SPDR XLE gained 4.1% last week, the highest among the S&P 500 sectors. Learn more about these stocks by accessing their free research reports at:
On Thursday, shares in New Jersey headquartered NRG Energy Inc. recorded a trading volume of 8.08 million shares, which was above their three months average volume of 6.75 million shares. The stock ended the session 1.07% higher at $17.03. The Company's shares have gained 2.96% in the last one month, 50.85% in the previous three months, and 39.16% on an YTD basis. The stock is trading 12.19% above its 50-day moving average and 26.38% above its 200-day moving average. Moreover, shares of NRG Energy, which together with its subsidiaries, operates as a power company, have a Relative Strength Index (RSI) of 61.13.
On February 24th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On February 28th, 2017, NRG reported full year 2016 net loss of $891 million, or $2.22 per diluted common share. The Company's adjusted EBITDA for the full year 2016 was $3.3 billion, cash from operations was $2.1 billion, and FCFbG was $1.2 billion. Additionally, NRG realized its second best safety year in company history with a full year top decile recordable rate of 0.624. Free research report on NRG is available at:
Illinois headquartered Exelon Corp.'s stock closed the day 0.97% higher at $36.42 with a total trading volume of 4.47 million shares. The Company's shares have advanced 2.46% in the past month, 9.22% over the previous three months, and 3.59% since the start of this year. The stock is trading 3.13% and 7.28% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Exelon, which engages in the energy generation and delivery businesses in the US and Canada, have an RSI of 57.67.
On February 14th, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'.
On February 22nd, 2017, Commonwealth Edison Company, a unit of Exelon, announced that it has been awarded the Leadership in Energy & Environmental Design (LEED) Gold green building certification for its Chicago Training Center (CTC) building that opened last year. The USGBC awarded LEED Gold certification to the CTC for its use of brownfield development site, use of recycled and regional materials and potential savings garnered from mechanical and electrical systems. The complimentary research report on EXC can be downloaded at:
Public Service Enterprise
Shares in New Jersey headquartered Public Service Enterprise Group Inc. recorded a trading volume of 2.91 million shares, which was above their three months average volume of 2.45 million shares. The stock ended yesterday's trading session 1.04% higher at $45.79. The Company's shares have advanced 3.48% in the past month, 7.96% in the previous three months, and 4.35% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.44% and 6.79%, respectively. Furthermore, shares of Public Service Enterprise Group, which through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic US, have an RSI of 65.25.
On February 24th, 2017, Public Service reported net loss for Q4 2016 of $98 million, or $0.19 per share, compared to Q4 2015 net income of $309 million, or $0.60 per share. The Company posted non-GAAP operating earnings for Q4 2016 of $279 million, or $0.54 per share, compared to Q4 2015 non-GAAP operating earnings of $255 million, or $0.50 per share.
On February 27th, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Visit us today and access our complete research report on PEG at:
Sao Paulo, Brazil-based Cosan Ltd's stock finished Thursday's session 0.71% lower at $8.43. A total volume of 2.23 million shares was traded, above their three months average volume of 1.48 million shares. The Company's shares have advanced 3.06% in the last one month, 20.26% over the previous three months, and 12.25% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.80% and 15.62%, respectively. Additionally, shares of Cosan, which together with its subsidiaries, engages in piped natural gas, Logistics service, agricultural land, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally, have an RSI of 46.33.
Get free access to your research report on CZZ at:
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