NEW YORK, June 13, 2017 /PRNewswire/ --
For today, DailyStockTracker.com takes a closer look at four
Diversified Utilities companies, namely: FuelCell Energy Inc.
(NASDAQ: FCEL), Pattern Energy Group Inc. (NASDAQ: PEGI), PNM
Resources Inc. (NYSE: PNM), and Vectren Corp. (NYSE: VVC). These
stocks belong to the Utility sector, which is mature and
fundamentally strong as demand for utility services is generally
immune to the vagaries of the economic cycle. This morning's free
research reports on the aforesaid equities are available upon
registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/
FuelCell Energy
Danbury, Connecticut
headquartered FuelCell Energy Inc.'s stock finished Monday's
session flat at $1.10 with a total
trading volume of 479,414 shares. The Company's shares are trading
below their 50-day moving average by 11.32%. Shares of the Company,
which together with its subsidiaries, designs, manufactures, sells,
installs, operates, and services stationary fuel cell power plants
for distributed power generation, have a Relative Strength Index
(RSI) of 49.40.
On June 08th, 2017,
FuelCell Energy reported financial results for Q2 ended
April 30th, 2017. Total
revenues for the quarter were $20.4
million, gross profit totaled $0.4
million, and gross margin was 1.9%. Operating expenses for
Q2 2017 totaled $11.9 million, net
loss attributable to common shareholders totaled $14.0 million, and adjusted EBITDA totaled
($8.0) million. Additionally,
cash, cash equivalents, restricted cash, and financing availability
totaled $124.1 million as of
April 30th, 2017. Visit us
today and access our complete research report on FCEL at:
http://dailystocktracker.com/registration/?symbol=FCEL
Pattern Energy
Shares in San Francisco,
California headquartered Pattern Energy Group Inc. ended at
$23.05, down 0.09% from the last
trading session. The stock recorded a trading volume of 522,459
shares. The Company's shares have gained 5.88% in the last one
month, 16.83% in the previous three months, and 21.38% on an YTD
basis. The stock is trading 5.70% above its 50-day moving average
and 9.18% above its 200-day moving average. Moreover, shares of
Pattern Energy, which operates as an independent power company that
owns and operates power projects in the US, Canada, and Chile, have an RSI of 65.60.
On June 02nd, 2017,
Pattern Energy announced that the nominees listed in the Proxy
Statement, dated April
14th, 2017, for the 2017 Annual Meeting of
Stockholders were elected as Directors of the Company. In
addition, the appointment of Ernst & Young as the Company's
independent registered public accounting firm for the fiscal year
ending December 31st, 2017
was ratified. The complimentary report on PEGI can be downloaded
at:
http://dailystocktracker.com/registration/?symbol=PEGI
PNM Resources
Albuquerque, New Mexico
headquartered PNM Resources Inc.'s stock ended yesterday's session
0.38% lower at $39.15 with a total
trading volume of 556,134 shares. The Company's shares have
advanced 6.39% in the past month, 8.00% over the previous three
months, and 14.14% on an YTD basis. The stock is trading 4.11% and
13.04% above its 50-day and 200-day moving averages, respectively.
Additionally, shares of PNM Resources, which through its
subsidiaries, engages in the energy and energy-related businesses
in the US, have an RSI of 63.12. Register for free on
DailyStockTracker.com and access the latest research report on PNM
at:
http://dailystocktracker.com/registration/?symbol=PNM
Vectren
On Monday, shares in Evansville,
Indiana headquartered Vectren Corp. recorded a trading
volume of 323,108 shares. The stock finished 0.41% lower at
$60.88. The Company's shares have
advanced 2.87% in the last one month, 7.64% in the previous three
months, and 16.74% since the start of this year. The stock is
trading above its 50-day and 200-day moving averages by 1.83% and
12.95%, respectively. Furthermore, shares of Vectren, which
provides energy delivery services to residential, commercial, and
industrial and other contract customers, have an RSI of 51.63.
On June 05th, 2017,
Energy Systems Group, a wholly owned subsidiary of Vectren,
announced that it has been awarded an Indefinite Delivery
Indefinite Quantity (IDIQ) contract for federal Energy Savings
Performance Contracts by the US Department of Energy. The Company
is one of 21 companies awarded with the $55-billion IDIQ contract to develop new energy
and water savings projects for federal facilities. Get free access
to your research report on VVC at:
http://dailystocktracker.com/registration/?symbol=VVC
--
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