Technical Reports on Electric Utilities Equities -- AES Corp., Southern, Companhia Energetica de Minas Gerais, and PPL Corp.
NEW YORK, March 3, 2017 /PRNewswire/ --
Companies in the Electric Utilities industry are engaged in electricity generation, as well as the distribution and sale of electricity in regulated markets. These include investor-owned, publicly owned, cooperatives, and nationalized entities. Ahead of today's trading session, Stock-Callers.com tracks the performances of the following four equities: The AES Corp. (NYSE: AES), The Southern Co. (NYSE: SO), Companhia Energetica de Minas Gerais S.A. (NYSE: CIG), and PPL Corp. (NYSE: PPL). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
AES Corp.
On Thursday, shares in Virginia headquartered The AES Corp. recorded a trading volume of 6.78 million shares, which was above their three months average volume of 5.42 million shares. The stock ended at $11.63, climbing 2.47% from the last trading session. The Company's shares have gained 1.66% in the last one month and 1.15% since the start of this year. The stock is trading above its 50-day moving average by 1.09%. Furthermore, shares of AES, which operates as a diversified power generation and utility company, have a Relative Strength Index (RSI) of 52.13.
On February 28th, 2017, AES Energy Storage, a subsidiary of The AES Corp., showcased two new Advancion® battery-based energy storage sites, totaling 37.5 megawatts (MW), in partnership with San Diego Gas & Electric (SDG&E). One of the sites - located at a SDG&E substation in Escondido, California - hosts a 30 MW, four-hour duration energy storage project, representing the world's largest lithium ion battery-based energy storage installation, 50% larger than the next largest installation. Visit us today and access our complete research report on AES at:
http://stock-callers.com/registration/?symbol=AES
Southern
Georgia headquartered The Southern Co.'s stock finished the session 0.52% higher at $50.32. A total volume of 5.34 million shares was traded, which was above their three months average volume of 4.67 million shares. The Company's shares have gained 2.99% in the last one month, 5.38% over the previous three months, and 3.50% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.60% and 2.02%, respectively. Furthermore, shares of Southern, which together with its subsidiaries, engages in the generation, transmission, and distribution of electricity, have an RSI of 61.70.
On February 28th, 2017, Southern Nuclear, a subsidiary of Southern Corp., announced that unit 2 of the Edwin I. Hatch Electric Generating Plant near Baxley, Georgia, has safely resumed generating electricity following completion of a scheduled refueling and maintenance outage, setting a record of just 21 days and two hours for both the plant and the Southern Nuclear fleet. The Company noted that Plant operators safely took the unit offline February 06th, 2017 at midnight ET. The complimentary report on SO can be downloaded at:
http://stock-callers.com/registration/?symbol=SO
Companhia Energetica de Minas Gerais
At the closing bell yesterday, shares in Brazil headquartered Companhia Energetica de Minas Gerais S.A. saw a drop of 2.35%, ending the day at $3.32. The stock recorded a trading volume of 4.59 million shares. The Company's shares have advanced 16.90% in the last one month, 49.01% over the previous three months, and 45.61% on an YTD basis. The stock is trading 22.31% above its 50-day moving average and 37.42% above its 200-day moving average. Moreover, shares of the Company, which through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil, have an RSI of 62.48.
On January 20th, 2017, the Company's affiliate, Renova Energia S.A., published a material announcement with the following content: "Further to its Material Announcement of January 12th, 2017, and in accordance with CVM Instruction 358/2002 as amended, Renova Energia S.A. hereby informs its stockholders and the market in general as follows: A meeting of the Board of Directors on today's date approved acceptance of the binding offer sent by AES Tietê Energia S.A. for acquisition of the Alto Sertão II complex." Register for free on Stock-Callers.com and access the latest research report on CIG at:
http://stock-callers.com/registration/?symbol=CIG
PPL Corp.
Pennsylvania headquartered PPL Corp.'s stock ended the day 0.30% higher at $36.84 with a total trading volume of 2.65 million shares. The Company's shares have gained 5.74% in the last month, 9.00% over the previous three months, and 8.19% on an YTD basis. The stock is trading 5.41% above its 50-day moving average and 5.34% above its 200-day moving average. Additionally, shares of PPL Corp., which delivers electricity and natural gas in the US and the UK, have an RSI of 70.13.
On February 01st, 2017, PPL announced full year 2016 reported earnings (GAAP) of $1.9 billion, or $2.79 per share, compared with $682 million, or $1.01 per share, in full year 2015. The Company reaffirmed its full year 2017 earnings forecast of $2.05 to $2.25 per share. Get free access to your research report on PPL at:
http://stock-callers.com/registration/?symbol=PPL
--
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected] . Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article