Pre-Market Review: American Electric Power Co. Inc., PG&E Corp., Northeast Utilities, and Cosan Ltd.
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LONDON, October 16, 2013 /PRNewswire/ --
The U.S. equity market fell on Tuesday, October 15, 2013. The S&P 500 ended the day at 1,698.06, down 0.71%; the Dow Jones Industrial Average closed at 15,168.01, down 0.87%; and the NASDAQ Composite finished at 3,794.01, down 0.56%. Shares in the utilities sector edged lower, tracking losses in the broader market. The major movers in the industry included American Electric Power Company Inc. (NYSE:AEP), PG&E Corporation (NYSE: PCG), Northeast Utilities (NYSE: NU), and Cosan Ltd (NYSE: CZZ). AAAResearchReports.com initiated preliminary technical research on AEP, PCG, NU, and CZZ. These free reports are accessible by signing today at:
http://www.aaaresearchreports.com/register/
On Tuesday, shares in American Electric Power Co. Inc. edged lower to close at $43.48, down 1.34% from the previous day's closing price of $44.07. The company's shares fluctuated between $43.42 and $44.01 during the trading session. A total of 2.28 million shares were traded, which is below the daily average volume of 3.16 million. Despite Tuesday's losses, the company's shares have gained 2.02% in the last one month, outperforming the S&P 500, which is up 0.60% during the same period. Further, American Electric Power Co. Inc.'s stock is trading below its 50-day and 200-day moving averages of $43.53 and $45.88, respectively. The free technical analysis on AEP is available by signing up at:
www.AAAResearchReports.com/AEP101613.pdf
PG&E Corp.'s stock declined on Tuesday, extending the losses from the previous trading session. The company's shares vacillated between $40.10 and $40.96 before finishing the day 2.07% lower at $40.12. A total of 2.74 million shares were traded, which is below the daily average volume of 2.89 million. The company's shares have fallen by 2.93% in the last one month, underperforming the S&P 500, which advanced 0.60% during the same period. Additionally, PG&E Corp.'s shares are trading near its 52-week low of $39.40 and below their 50-day and 200-day moving averages of $41.92 and $43.82, respectively. Register now to download free research on PCG at:
www.AAAResearchReports.com/PCG101613.pdf
Shares in Northeast Utilities stock fell on Tuesday, as the broader market declined. The company's shares ended the day 1.46% lower at $41.12, after trading between $41.01 and $41.69. A total of 1.35 million shares were traded, which is below the daily average volume of 1.53 million. Despite Tuesday's pullback, the company's shares have gained 2.06% in the last one month, outperforming the S&P 500, which is up 0.60% during the same period. Furthermore, Northeast Utilities' stock is trading below its 50-day and 200-day moving averages of $41.54 and $42.15, respectively. A free report on NU can be accessed by registering at:
www.AAAResearchReports.com/NU101613.pdf
On Tuesday, Cosan Ltd's stock edged marginally lower to close at $15.75, down 0.06% from the previous day's closing price of $15.76. The company's shares oscillated between $15.56 and $15.91 during the trading session. A total of 0.84 million shares were traded, which is below the daily average volume of 1.08 million. Despite Tuesday's loses, the company's shares have gained 2.34% in the previous three trading sessions and 6.13% in the last one-month, outperforming the S&P 500, which has advanced 0.32% and 0.60% during the respective periods. Moreover, Cosan Ltd's stock is trading above its 50-day moving average of $14.69. Register with AAAResearchReports.com and download research on CZZ for free at:
www.AAAResearchReports.com/CZZ101613.pdf
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SOURCE AAA Research Reports
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