NEW YORK, March 15, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on AEP, CIG, ED, and PNW which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com shifts focus on the Electric Utilities industry, which generates, transmits, and distributes electric power. Four stocks have been lined up for review this morning, and they are: American Electric Power Co. Inc. AEP, Companhia Energetica de Minas Gerais CIG, Consolidated Edison Inc. ED, and Pinnacle West Capital Corp. PNW. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
American Electric Power
Columbus, Ohio headquartered American Electric Power Co. Inc.'s shares rose slightly by 0.83%, finishing Wednesday's trading session at $66.59. A total volume of 3.12 million shares was traded. In the last month and over the past year, the stock has advanced 2.76% and 1.22%, respectively. The Company's shares are trading below their 50-day moving average by 1.22%. Moreover, shares of the Company, which engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the US, have a Relative Strength Index (RSI) of 53.55.
On February 20th, 2018, research firm Guggenheim upgraded the Company's stock rating from 'Sell' to 'Neutral'.
On March 01st, 2018, American Electric Power (AEP) announced that it will become the first North American utility member of the Governing Board of Free Electrons - the first global energy startup accelerator program that connects the world's most promising energy startup companies with leading utility companies. Between 2018 and 2020, AEP plans to invest nearly USD$18 billion through its regulated and competitive companies to modernize the power grid, expand renewable energy resources, and deliver cost-effective, reliable energy to customers in the US market. Get the full research report on AEP for free by clicking below at: www.wallstequities.com/registration/?symbol=AEP
Companhia Energetica de Minas Gerais
On Wednesday, shares in Belo Horizonte, Brazil headquartered Companhia Energetica de Minas Gerais recorded a trading volume of 1.35 million shares, and ended the session 1.62% lower at $2.43. The stock has gained 6.11% in the last month and 19.12% over the previous three months. The Company's shares are trading 6.02% above their 50-day moving average and 1.95% above their 200-day moving average. Furthermore, shares of the Company, which through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Brazil, have an RSI of 50.79. To experience our free membership services anytime/ anywhere and access the free report on CIG, click to register at: www.wallstequities.com/registration/?symbol=CIG
Consolidated Edison
Shares in New York, the US-based Consolidated Edison Inc. closed at $75.97, climbing slightly by 0.64% from the last trading session. The stock recorded a trading volume of 1.68 million shares. The Company's shares are trading 2.70% below their 50-day moving average. Additionally, shares of Consolidated Edison, which through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses in the US, have an RSI of 48.77. Join our big investor community at Wall St. Equities today and get your free report on ED at: www.wallstequities.com/registration/?symbol=ED
Pinnacle West Capital
Phoenix, Arizona headquartered Pinnacle West Capital Corp.'s stock ended 0.47% higher at $76.78. A total volume of 825,171 shares was traded, which was above their three months average volume of 813,640 shares. The Company's shares have advanced 0.07% in the last month. The stock is trading below its 50-day moving average by 2.38%. Furthermore, shares of the Company, which through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona, have an RSI of 48.11.
On February 23rd, 2018, Pinnacle West Capital reported its consolidated results for Q4 2017 and full year 2017. For Q4 2017, net income attributable to common shareholders was $21.6 million, operating revenues were $759.7 million, and operating income was $90.6 million. For the full year, net income attributable to common shareholders was $488.5 million, operating revenues were $3.57 billion, and operating income was $934.4 million.
On March 08th, 2018, research firm RBC Capital Markets upgraded the Company's stock rating from 'Sector Perform' to 'Outperform'. Know more about PNW in our free research coverage at: www.wallstequities.com/registration/?symbol=PNW
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