Expert Briefing on Electric Utilities Stocks -- Research on Centrais Eletricas Brasileiras, Portland General Electric, Cia Paranaense de Energia, and Pinnacle West Capital
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LONDON, May 19, 2014 /PRNewswire/ --
The trading session on Friday, May 16, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,491.31, up 0.27% and the NASDAQ Composite closed at 4,090.59, up 0.52%. The S&P 500 finished the day 0.37% higher at 1,877.86. During the Friday's session, nine out of ten sectors ended on a higher note. The S&P 500 Utilities Sector Index ended the day at 213.14, up 0.27%, with the index advancing 4.77% in the previous three months. Investor-Edge has initiated coverage on the following equities: Centrais Eletricas Brasileiras S.A. (NYSE: EBR), Portland General Electric Company (NYSE: POR), Cia Paranaense de Energia (NYSE: ELP) and Pinnacle West Capital Corporation (NYSE: PNW). Free technical research on EBR, POR, ELP and PNW can be downloaded upon signing up at:
http://www.investor-edge.com/2706-register
On Friday, shares in Centrais Eletricas Brasileiras S.A. recorded a trading volume of 0.76 million shares, lower than its three months average volume of 1.63 million shares. The stock ended the day at $3.34, which was 5.03% above its previous day's closing of $3.18, and registered an intraday range of $3.32 and $3.37. Although Centrais Eletricas Brasileiras S.A.'s stock has lost 2.91% in the last one month, it has gained 0.60% in the previous three trading sessions and 28.96% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $3.01 and $2.64, respectively. Furthermore, shares of Centrais Eletricas Brasileiras S.A. have a Relative Strength Index (RSI) of 52.89. Sign up today to read free research on EBR at:
http://www.investor-edge.com/2706-EBR-19May2014.pdf
Portland General Electric Co.'s stock finished the Friday's session 0.76% higher at $33.04. A total of 0.61 million shares were traded during the trading session, which was at par with its three months average volume. The stock vacillated between $32.60 and $33.04 during the session. Over the last one month and over the previous three months, Portland General Electric Co.'s shares have advanced 2.35% and 4.16%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 9.40%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $32.43 is greater than its 200-day moving average of $30.28. Portland General Electric Co.'s stock traded at a PE ratio of 23.10 and has an RSI of 56.59. Sign up today to read free research on POR at:
http://www.investor-edge.com/2706-POR-19May2014.pdf
On Friday, shares in Cia Paranaense de Energia fluctuated between $15.70 and $15.98 before ending the session 3.44% higher at $15.95. The stock reported a trading volume of 0.42 million shares, below its three months average volume of 0.60 million shares. Cia Paranaense de Energia's shares have gained 1.66% in the previous three trading sessions, 9.70% in the last one month and 21.39% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $13.50 and $13.04, respectively. Moreover, shares of Cia Paranaense de Energia have an RSI of 65.21. Sign up today to read free research on ELP at:
http://www.investor-edge.com/2706-ELP-19May2014.pdf
On Friday, shares in Pinnacle West Capital Corp. edged 0.46% higher, to close the day at $55.18. The stock recorded a trading volume of 0.54 million shares, below its three months average volume of 1.02 million shares. The stock oscillated between $54.70 and $55.19 during the session. Over the last three trading sessions and over the past three months, Pinnacle West Capital Corp.'s shares have advanced 0.38% and 0.62%, respectively. Further, the stock has gained 4.27% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Pinnacle West Capital Corp.'s 50-day moving average of $55.07 is above its 200-day moving average of $54.59. Additionally, the stock traded at a PE ratio of 15.41 and has an RSI of 49.05. Sign up today to read free research on PNW at:
http://www.investor-edge.com/2706-PNW-19May2014.pdf
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