Utilities' Stocks Under Investors' Scanner -- PPL Corp., CenterPoint Energy, Cosan, and New Jersey Resources

Jul 19, 2016, 08:19 ET from Chelmsford Park SA

NEW YORK, July 19, 2016 /PRNewswire/ --

Stock-Callers.com has initiated coverage on the following equities: PPL Corp. (NYSE: PPL), CenterPoint Energy Inc. (NYSE: CNP), Cosan Ltd (NYSE: CZZ), and New Jersey Resources Corp. (NYSE: NJR). Learn more about these stocks by accessing their free notes at:


The Utilities sector remains resilient despite economic uncertainties. The industry is poised for exponential growth this year, and investors looking for defensive plays can find several good opportunities in this arena. Let us see how the current market environment is affecting some of the big companies mentioned above over the last few trading sessions. Register with us now for your free membership and more at:


PPL Corp.  

On Monday, shares in Allentown, Pennsylvania headquartered utility company, PPL Corp., recorded a trading volume of 3.46 million shares. The stock ended the day at $37.32, gaining 0.46%. The Company's shares have advanced 11.59% since the start of this year. The stock is trading above its 200-day moving average by 5.82%. Furthermore, shares of PPL Corp., which delivers electricity and natural gas in the U.S. and the U.K., have a Relative Strength Index (RSI) of 46.41.

On July 13th, 2016, PPL Electric Utilities was ranked highest among large electric utilities in the eastern United States for residential customer satisfaction for the fifth year in a row, according to a J.D. Power study. On July 14th, 2016, research firm Jefferies downgraded the Company's stock rating from 'Buy' to 'Hold'. See our complete notes on PPL Corp. at:


CenterPoint Energy Inc.  

Houston, Texas headquartered CenterPoint Energy Inc.'s stock finished yesterday's session 0.46% lower at $23.95 and with a total volume of 3.87 million shares traded. The Company's shares have gained 3.95% in the last one month, 15.29% over the previous three months, and 33.86% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.62% and 23.04%, respectively. Furthermore, shares of CenterPoint Energy, which operates as a public utility holding company in the U.S., have an RSI of 60.11. The complimentary notes on CNP can be accessed at:


Cosan Ltd  

At the closing bell on Monday, shares in Sao Paulo, Brazil-based Cosan Ltd rose 1.50%, ending the day at $6.76. The stock recorded a trading volume of 363,689 shares. The Company's shares have advanced 14.19% in the last one month; 32.11% in the previous three months; and 86.18% since the start of this year. The stock is trading 14.60% and 57.99% above its 50-day and 200-day moving averages, respectively. Moreover, 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 globally, have an RSI of 61.55.

On July 11th, 2016, Reuters reported that the board of Cosan SA Indústria e Comércio authorized a subsidiary to sell up to $150 million worth of global bonds due in 2027. As per the report Cosan's seven-member board approved the plan, which includes adding guarantees to the new debt. The company first sold the bonds on June 20th, 2016. Register for free and access the latest notes on CZZ at:


New Jersey Resources Corp.  

Wall, New Jersey-based energy services holding company, New Jersey Resources Corp.'s stock ended the day 0.32% lower at $37.53 and with a total volume of 240,301 shares traded. The Company's shares have gained 1.38% in the last month, 3.66% over the previous three months, and 15.41% on an YTD basis. The stock is trading 2.94% above its 50-day moving average and 11.70% above its 200-day moving average. Additionally, shares of New Jersey Resources, which provides regulated gas distribution, and retail and wholesale energy services, have an RSI of 53.97.

On June 29th, 2016, New Jersey Natural Gas, the regulated subsidiary of New Jersey Resources, received approval from the New Jersey Board of Public Utilities to extend its energy-efficiency offerings under The SAVEGREEN Project through December 31, 2018, and decrease its Societal Benefits Charge (SBC) rate. Get free access to your note on NJR at:


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