Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Pre-Market Technical Recap on Utilities Stocks -- NRG Energy, Public Service Enterprise, PNM Resources, and Sempra Energy

NRG, PEG

PR Newswire

NEW YORK, October 24, 2017 /PRNewswire/ --

If you want a Stock Review on NRG, PEG, PNM, or SRE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today, DailyStockTracker.com dedicates attention to the Diversified Utilities industry, which consists of companies that provide consumers and businesses with electricity, natural gas, and water. Most of these companies are government-sanctioned monopolies; they operate without competition in their main service areas. Equities under evaluation this morning are: NRG Energy Inc. (NYSE: NRG), Public Service Enterprise Group Inc. (NYSE: PEG), PNM Resources Inc. (NYSE: PNM), and Sempra Energy (NYSE: SRE). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

 

NRG Energy 

Princeton, New Jersey headquartered NRG Energy Inc.'s shares saw a decline of 2.01%, finishing Monday's trading session at $24.89. A total volume of 7.50 million shares was traded, which was higher than their three months average volume of 5.63 million shares. In the last month and since the start of this year, the stock has advanced 3.97% and 103.02%, respectively. The Company's shares are trading above their 200-day moving average by 26.93%. Moreover, shares of NRG Energy, which together with its subsidiaries, operates as an integrated power company, have a Relative Strength Index (RSI) of 43.82.

On October 18 th, 2017, NRG Energy announced that its Board of Directors declared a quarterly dividend on its common stock of $0.03 per share, or $0.12 per share on an annualized basis. The dividend is payable on November 15 th, 2017, to stockholders of record as of November 01 st, 2017. Free research report on NRG is available at:

http://dailystocktracker.com/registration/?symbol=NRG


Public Service Enterprise Group 

On Monday, shares in Newark, New Jersey headquartered Public Service Enterprise Group Inc. recorded a trading volume of 2.54 million shares, and ended the session 0.04% lower at $48.98. The stock has gained 6.04% in the last one month, 11.67% over the previous three months, and 11.62% on an YTD basis. The Company's shares are trading 4.53% above their 50-day moving average and 9.27% above their 200-day moving average. Furthermore, shares of the Company has an RSI of 69.50.

On September 25 th, 2017, research firm Evercore ISI upgraded the Company's stock rating from 'In-line' to 'Outperform'.

On September 28 th, 2017, PSEG Solar Source, a subsidiary of PSEG Power which is part of the Public Service Enterprise Group family of companies, announced that it has acquired a 10.6 MWs-dc facility located in West Babylon, Long Island from Solar Liberty Energy Systems Inc., representing an investment of $20 million to $25 million. The PSEG West Babylon Solar Center has completed construction and includes almost 35,000 solar panels installed on a fixed tilt racking system. The complimentary research report on PEG can be downloaded at:

http://dailystocktracker.com/registration/?symbol=PEG


PNM Resources 

Shares in Albuquerque, New Mexico headquartered PNM Resources Inc. closed at $42.20, climbing 0.12% from the last trading session. The stock recorded a trading volume of 529,488 shares. The Company's shares have gained 2.18% in the last one month, 8.90% over the previous three months, and 23.03% since the start of this year. The stock is trading 1.21% and 10.11% 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 60.39.

On September 26 th, 2017, research firm Evercore ISI downgraded the Company's stock rating from 'In-line' to 'Underperform'.

On October 13 th, 2017, PNM Resources announced that it will release Q3 2017 financial results prior to the market opening on October 27th, 2017. The earnings news release will be issued at 6:30 a.m. ET, followed by a live conference call and webcast at 11:00 a.m. ET to discuss financial results and provide other Company updates. Visit DailyStockTracker.com today and access our complete research report on PNM at:

http://dailystocktracker.com/registration/?symbol=PNM


Sempra Energy 

San Diego, California headquartered Sempra Energy's stock ended 0.26% higher at $114.43. A total volume of 1.52 million shares was traded, which was above their three months average volume of 1.05 million shares. The Company's shares have advanced 1.48% over the previous three months and 13.70% on an YTD basis. The stock is trading above its 200-day moving average by 2.18%. Furthermore, shares of Sempra Energy, which together with its subsidiaries, engages in energy business worldwide, have an RSI of 46.62.

On October 11 th, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On October 16 th, 2017, Sempra Energy announced plans to release its third-quarter 2017 earnings at 7:00 a.m. EDT on October 30th, 2017. Company executives will conduct a conference call at 12:00 p.m. EDT that same day. A live webcast of the conference call will be available on the Company's website. Get free access to your research report on SRE at:

http://dailystocktracker.com/registration/?symbol=SRE

--

Daily Stock Tracker:  

Daily Stock Tracker (DST) 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. DST 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. 

DST 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 contact@dailystocktracker.com. 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 DST. DST 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 

DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/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: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE dailystocktracker.com



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today