Electric Utilities Stocks Under Review -- Companhia Energetica, AES Corp., Southern, and FirstEnergy
NEW YORK, April 19, 2017 /PRNewswire/ --
Companies in the Electric Utilities space are engaged in generating and distributing electric power. The industry includes hydroelectric, fossil fuel, nuclear, solar, tidal, wind, and independent electric power generators. Pre-market, Stock-Callers.com scans the performances of these four stocks: Companhia Energetica de Minas Gerais S.A. (NYSE: CIG), The AES Corp. (NYSE: AES), The Southern Co. (NYSE: SO), and FirstEnergy Corp. (NYSE: FE). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Companhia Energetica
On Tuesday, shares in Belo Horizonte, Brazil headquartered Companhia Energetica de Minas Gerais S.A. recorded a trading volume of 4.49 million shares. The stock ended the day flat at $2.98. The Company's shares have advanced 9.96% in the previous three months and 30.70% on an YTD basis. The stock is trading above its 200-day moving average by 10.65%. Furthermore, shares of Companhia Energetica de Minas Gerais, which through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil, have a Relative Strength Index (RSI) of 42.96. Sign up and read the free research report on CIG at:
http://stock-callers.com/registration/?symbol=CIG
AES Corp.
Arlington, Virginia headquartered The AES Corp.'s stock saw a slight decline of 0.17%, finishing yesterday's session at $11.41. A total volume of 5.92 million shares was traded, which was above their three months average volume of 5.84 million shares. The Company's shares are trading above their 50-day moving average by 0.53%. Additionally, shares of AES, which operates as a diversified power generation and utility company, have an RSI of 54.00.
On April 13th, 2017, AES announced that its Board of Directors declared a quarterly common stock dividend of $0.12 per share payable on May 15th, 2017 to shareholders of record at the close of business on May 01st, 2017. Additional information regarding dividends paid by AES, including tax treatment, can be found on the Company's website. The complimentary research report on AES can be downloaded at:
http://stock-callers.com/registration/?symbol=AES
Southern Co.
Shares in Atlanta, Georgia headquartered The Southern Co. ended the session 0.38% higher at $49.97. The stock recorded a trading volume of 3.76 million shares. The Company's shares have gained 1.74% over the previous three months and 2.78% on an YTD basis. The stock is trading 0.69% above its 50-day moving average and 0.81% above its 200-day moving average. Moreover, shares of Southern Co., which together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, have an RSI of 53.37.
On April 17th, 2017, Southern Co. announced that it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.32 per share. The Company also announced a regular quarterly dividend - including the increase of 2 cents per share over the prior quarter - of 58 cents per share, payable June 06th, 2017 to shareholders of record as of May 15th, 2017. Register for free on Stock-Callers.com and access the latest report on SO at:
http://stock-callers.com/registration/?symbol=SO
FirstEnergy
At the closing bell on Tuesday, Akron, Ohio headquartered FirstEnergy Corp.'s stock rose 0.13%, finishing at $31.47. A total volume of 2.99 million shares was traded. The Company's shares have gained 0.35% in the last month, 2.26% over the previous three months, and 2.85% on an YTD basis. The stock is trading 0.89% above its 50-day moving average. Additionally, shares of FirstEnergy, which through its subsidiaries, generates, transmits, and distributes electricity in the US, have an RSI of 51.77.
On March 24th, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On April 17th, 2017, FirstEnergy introduced the new "You First" campaign to build on its brand as a forward-thinking and customer-focused Company that provides convenient solutions for saving energy. As part of this multimedia initiative, the Company has launched a new microsite to help customers manage their energy use with specialized tools, products, and services. Get free access to your research report on FE at:
http://stock-callers.com/registration/?symbol=FE
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