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Electric Utilities Stocks on Investors' Radar -- AES Corp., Southern, PPL Corp., and Companhia Energetica de Minas Gerais

PPL, AES, CIG, SO

PR Newswire

NEW YORK, January 25, 2017 /PRNewswire/ --

On Tuesday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.86%; the Dow Jones Industrial Average edged 0.57% higher; and the S&P 500 was up 0.66%. US markets made broad based gains with eight out of nine sectors finishing the day in green. Pre-market today, Stock-Callers.com reviews these four Electric Utilities stocks: The AES Corporation (NYSE: AES), The Southern Company (NYSE: SO), PPL Corporation (NYSE: PPL), and Companhia Energetica de Minas Gerais S.A. (NYSE: CIG). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

AES Corp. 

On Tuesday, shares in Arlington, Virginia headquartered The AES Corp. recorded a trading volume of 7.54 million shares, which was higher than their three months average volume of 5.28 million shares. The stock ended the day 1.34% lower at $11.37. Shares of the Company, which owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries, are trading at a PE ratio of 60.80. AES Corp.'s stock has surged 35.41% in the past one year. The Company is trading below its 50-day and 200-day moving averages by 2.24% and 2.80%, respectively. Furthermore, AES Corp.'s shares have a Relative Strength Index (RSI) of 45.10.

On January 04th, 2017, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform' while revising its previous target price from $13 a share to $12 a share. Free research report on AES is available at:

http://stock-callers.com/registration/?symbol=AES


Southern

On Tuesday, shares in Atlanta, Georgia headquartered The Southern Co. ended the session 0.53% lower at $48.57 with a total volume of 5.51 million shares traded. Southern Co.'s shares have advanced 7.16% in the past one year. Shares of the Company are trading at a PE ratio of 18.51. The stock is trading 0.50% above its 50-day moving average. Moreover, shares of the Company, which together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi, have an RSI of 46.51. The complimentary research report on SO can be downloaded at:

http://stock-callers.com/registration/?symbol=SO

PPL Corp. 

Allentown, Pennsylvania headquartered PPL Corp.'s stock finished Tuesday's session 0.73% higher at $34.61 with a total volume of 2.80 million shares traded. Over the last one month and the previous three months, PPL Corp.'s shares have advanced 0.52% and 5.08%, respectively. Furthermore, the stock has gained 6.99% in the past one year. The Company's shares are trading above its 50-day moving average by 2.75%. Shares of PPL, which delivers electricity and natural gas in the US and the UK, are trading at a PE ratio of 12.75. The stock has an RSI of 57.36.

On January 17th, 2017, research firm Goldman downgraded the Company's stock rating from 'Neutral' to 'Sell'. Visit us today and access our complete research report on PPL at:

http://stock-callers.com/registration/?symbol=PPL


Companhia Energetica de Minas Gerais

Belo Horizonte, Brazil headquartered Companhia Energetica de Minas Gerais S.A.'s stock fell 1.06%, to close the day at $2.80. The stock recorded a trading volume of 5.08 million shares, which was above its three months average volume of 4.23 million shares. Companhia Energetica de Minas Gerais' shares have surged 37.53% in the last one month, 7.19% in the previous three months, and 181.42% in the past one year. The Company's shares are trading 23.19% and 24.11% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil, are trading at a PE ratio of 12.17. Additionally, the stock has an RSI of 70.60. Get free access to your research report on CIG at:

http://stock-callers.com/registration/?symbol=CIG

--

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