Pre-Market Technical Recap on Electric Utilities Stocks - Southern, Vistra Energy, WEC Energy, and Xcel Energy
NEW YORK, September 19, 2017 /PRNewswire/ --
If you want a Stock Review on SO, VST, WEC, or XEL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on four equities in the Electric Utilities space, and they are: The Southern Co. (NYSE: SO), Vistra Energy Corp. (NYSE: VST), WEC Energy Group Inc. (NYSE: WEC), and Xcel Energy Inc. (NYSE: XEL). These companies belong to the Utility sector, which is known for the stability and visibility of its earnings and cash flows. Stable earnings enable utilities to pay out consistent dividends that add to their attractiveness to income-oriented investors. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
http://dailystocktracker.com/register/
Southern
Atlanta, Georgia headquartered The Southern Co.'s shares saw a drop of 1.13%, finishing Monday's trading session at $50.07. A total volume of 3.80 million shares was traded. In the last month and since the start of this year, the stock has advanced 4.49% and 1.79%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 3.47% and 1.69%, respectively. Moreover, shares of Southern, which together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, have a Relative Strength Index (RSI) of 59.60.
On September 14th, 2017, research firm Guggenheim upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On September 16th, 2017, Georgia Power, the largest electric subsidiary of Southern, announced that it has restored power to 99% of customers, or 990,000 customers, impacted by Hurricane Irma. More than 8,000 personnel were mobilized as part of the Company's restoration effort, including all of its resources, as well as assistance from other Southern operating companies and dozens of other companies and assisting utilities. Free research report on SO is available at:
http://dailystocktracker.com/registration/?symbol=SO
Vistra Energy
On Monday, shares in Dallas, Texas headquartered Vistra Energy Corp. recorded a trading volume of 2.05 million shares, and ended the session 1.18% higher at $17.99. The stock has gained 5.08% in the last one month, 7.72% over the previous three months, and 16.06% on an YTD basis. The Company's shares are trading 5.53% above their 50-day moving average and 11.82% above their 200-day moving average. Furthermore, shares of Vistra Energy, which operates as an integrated power business in Texas, have an RSI of 64.48.
On August 30th, 2017, TXU Energy, a subsidiary of Vistra Energy, announced that it is assisting customers affected by Hurricane Harvey by waiving late fees, extending payment due dates with no down payment required, and reducing down payments and deferring the balances over five equal installments. The Company is also providing $500,000 to assist customers who need help paying their electric bills in areas hit by Hurricane Harvey through the TXU Energy AidSM program.
On September 05th, 2017, research firm Guggenheim initiated a 'Buy' rating on the Company's stock, with a target price of $20 per share. The complimentary research report on VST can be downloaded at:
http://dailystocktracker.com/registration/?symbol=VST
WEC Energy Group
Shares in Milwaukee, Wisconsin headquartered WEC Energy Group Inc. closed at $65.48, slightly down 0.89% from the last trading session. The stock recorded a trading volume of 1.99 million shares. The Company's shares have gained 2.22% in the last one month, 2.58% over the previous three months, and 11.65% since the start of this year. The stock is trading 2.42% and 7.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of WEC Energy, which through its subsidiaries, generates and distributes electric energy, have an RSI of 53.14. Visit DailyStockTracker.com today and access our complete research report on WEC at:
http://dailystocktracker.com/registration/?symbol=WEC
Xcel Energy
Minneapolis, Minnesota-based Xcel Energy Inc.'s stock ended 0.94% lower at $48.62, with a total volume of 2.84 million shares traded at the end of the session. The Company's shares have advanced 2.16% over the previous three months and 19.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.94% and 8.60%, respectively. Furthermore, shares of Xcel Energy, which through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the US, have an RSI of 43.41.
On September 07th, 2017, Xcel Energy announced a donation of $100,000 to the American Red Cross to assist with Hurricane Harvey relief and recovery efforts. The Company is making the contribution through the Xcel Energy Foundation, a non-profit organization. Get free access to your research report on XEL at:
http://dailystocktracker.com/registration/?symbol=XEL
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