Technical Recap on Electric Utilities Equities -- Research on American Electric Power, Cia Paranaense de Energia, Duke Energy, and Great Plains Energy
Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 13, 2014 /PRNewswire/ --
On Thursday, June 12, 2014, the NASDAQ Composite ended at 4,297.63, down 0.79%, the Dow Jones Industrial Average finished the session at 16,734.19, down 0.65% and the S&P 500 closed at 1,930.11, down 0.71%. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Utilities Sector Index ended the day at 213.18, up 0.31%, and the index has advanced 4.85% in the previous three months. Investor-Edge has initiated coverage on the following equities: American Electric Power Co. Inc. (NYSE: AEP), Cia Paranaense de Energia (NYSE: ELP), Duke Energy Corp. (NYSE: DUK) and Great Plains Energy Inc. (NYSE: GXP). Free technical research on AEP, ELP, DUK and GXP can be downloaded upon signing up at:
http://www.investor-edge.com/3746-register
Shares in American Electric Power Co. Inc. fluctuated between $51.60 and $52.76 before ending Thursday's session 0.11% higher at $52.59. The company's stock reported a trading volume of 2.37 million shares, near its three months average volume of 3.15 million shares. American Electric Power Co. Inc.'s stock has gained 1.60% in the last one month and 12.52% on YTD basis, while it has fallen by 1.68% over the previous three trading sessions. American Electric Power Co. Inc.'s stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $52.37 is above its 200-day moving average of $48.06. Additionally, American Electric Power Co. Inc.'s stock traded at a PE ratio of 14.69 and has a Relative Strength Index (RSI) of 47.31. Sign up today to read free research on AEP at:
http://www.investor-edge.com/3746-AEP-13Jun2014.pdf
On Thursday, shares in Cia Paranaense de Energia recorded a trading volume of 0.29 million shares, below its three months average volume of 0.56 million shares. The stock finished the day at an intra-day high of $15.40, which was 1.32% higher its previous day's closing of $15.20, and registered an intraday range of $15.13 and $15.40. Shares in Cia Paranaense de Energia have advanced 0.85% in the previous three trading sessions and 17.20% on YTD basis. However, the company's shares have declined 2.10% in the last one month. Shares in Cia Paranaense de Energia are trading above their 50-day and 200-day moving averages of $14.66 and $13.23, respectively. Furthermore, the company's stock has an RSI of 55.18. Sign up today to read free research on ELP at:
http://www.investor-edge.com/3746-ELP-13Jun2014.pdf
Duke Energy Corp.'s stock gained 1.36% on Thursday, closing the day at $70.58. The stock recorded a trading volume of 4.29 million shares, which was above its three months average volume of 2.90 million shares. The company's stock oscillated between $68.81 and $70.74 during the session. Shares of the company traded at a PE ratio of 15.62. Duke Energy Corp.'s stock has gained 2.28% since the start of this year, while it has lost 0.40% in the previous three trading sessions and 1.64% in the last one month. Duke Energy Corp.'s shares are trading below their 50-day moving average. The stock's 50-day moving average of $71.83 is above its 200-day moving average of $69.89. Further, the company's stock has an RSI of 36.18. Sign up today to read free research on DUK at:
http://www.investor-edge.com/3746-DUK-13Jun2014.pdf
Shares in Great Plains Energy Inc. edged 0.12% higher on Thursday, closing the session at $25.05. A total of 1.14 million shares were traded, which was near its three months average volume of 1.23 million shares. The stock moved between $24.72 and $25.08 during the session. Shares of the company traded at a PE ratio of 15.66. Shares in Great Plains Energy Inc. have declined 1.96% in the previous three trading sessions and 2.11% in the last one month, although, the company's shares have advanced 3.34% from the beginning of 2014. The company's stock is trading below its 50-day moving average. Great Plains Energy Inc.'s 50-day moving average of $26.16 is above its 200-day moving average of $24.58. Moreover, the company's shares have an RSI of 35.11. Sign up today to read free research on GXP at:
http://www.investor-edge.com/3746-GXP-13Jun2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article