Companhia De Saneamento Stock (NYSE: SBS)

Companhia De Saneamento Stock (NYSE:SBS), Trade Ideas

Companhia De Saneamento

Companhia De Saneamento Basico Do Estado De Sao Paulo is engaged in the provision of basic and environmental sanitation services in the Sao Paulo State and supplies treated water and sewage services on a wholesale basis. The company operates in a single segment, which is Sanitation services.

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Companhia De Saneamento Basico Do Estado De Sao

SPRY

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday.

The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&amp;P 500, also fell, dropping, 0.60% to 4,105.64.

Nasdaq Down 100 Points; Crude Oil Drops Over 1%

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Kiora Pharmaceuticals, Inc. - Common Stock

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SHF Holdings, Inc. - Class A Common Stock

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Gainers


	LogicBio Therapeutics, Inc. (NASDAQ: LOGC) shares surged 637.6% to close at $2.01 on Monday after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.


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Gainers


	LogicBio Therapeutics, Inc. (NASDAQ: LOGC) gained 641% to $2.0207 after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.


Why Tesla Shares Are Trading Lower By Over 7%, Here Are 52 Stocks Moving In Monday&#39;s Mid-Day Session

Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp American Depositary Shares (Each repstg 250 Common Shares)

Companhia De Saneamento Basico Do Estado De Sao Paulo

SPANISH BRDCSTNG SYS A by Spanish Broadcasting System, Inc.

Spanish Broadcasting System Inc

Southside Bancshares, Inc. - Common Stock

Southside Bancshares Inc

Schibsted ASA

SBS Holdings Inc

SBS Transit Ltd

S&B Foods Inc

Sibanye Stillwater Ltd

WIIM

Shares of utilities companies are trading lower amid a rise in Treasury yields, which could drive a rotation out of income-paying stocks.

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 100 points on Friday.
The Dow traded down 0.43% to 33,164.71 while the NASDAQ fell 0.82% to 12,227.60. The S&amp;P 500, also fell, dropping, 0.60% to 4,105.64.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/05/32362810/top-5-industrials-stocks-that-may-explode-in-q2"> Top 5 Industrials Stocks That May Explode In Q2</a>
&nbsp; 
<h3>Leading and Lagging Sectors</h3>
<ul>
<li>Utilities shares rose by 0.3% on Friday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo - SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>), up 7%, and Azure Power Global Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azre#NYSE">AZRE</a>), up 6%.</li>
<li>In trading on Friday, consumer discretionary shares fell 1.2%.</li>
</ul>

&nbsp; 
<h3>Top Headline</h3>

The total number of active U.S. oil rigs fell by 2 to 586 rigs this week, Baker Hughes Inc reported.
&nbsp;
Equities Trading UP
<ul>
<li>ARS Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spry#NASDAQ">SPRY</a>) shares shot up 80% to $8.14 after the company reported the FDA&#39;s Advisory Committee voted in support of favorable benefit-risk assessment for neffy in the treatment of severe allergic reactions (Type 1), including anaphylaxis.</li>
<li>Shares of AirSculpt Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/airs#NASDAQ">AIRS</a>) got a boost, shooting 38% to $6.77 after the company reported better-than-expected Q1 sales results.</li>
<li>Getaround, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/getr#NYSE">GETR</a>) shares were also up, gaining 61% to $0.5330 after the company announced it is acquiring substantially all of the assets of HyreCar for an aggregate purchase price of $9.45 million.</li>
</ul>

&nbsp; 
<h3>Equities Trading DOWN</h3>
<ul>
<li>TOP Financial Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/top#NASDAQ">TOP</a>) shares dropped 30% to $6.42 after the SEC said it is temporarily suspending trading in the securities of the company because of &quot;recent, unusual, and unexplained market activity&quot; raising concerns regarding the adequacy and accuracy of publicly-available information.</li>
<li>Shares of Heron Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hrtx#NASDAQ">HRTX</a>) were down 37% to $1.4050 after the company reported mixed Q1 financial results.</li>
<li>Assure Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ionm#NASDAQ">IONM</a>) was down, falling 39% to $1.18 after the company announced pricing of a $6 million underwritten public offering.</li>
</ul>

Also Check This Out: <a href="https://www.benzinga.com/news/23/05/32363425/wall-streets-most-accurate-analysts-say-hold-these-3-materials-stocks-delivering-high-dividend-yield"> Wall Street&#39;s Most Accurate Analysts Say Hold These 3 Materials Stocks Delivering High-Dividend Yields</a>
&nbsp; 
<h3>Commodities</h3>

In commodity news, oil traded down 1.2% to $70.00 while gold traded down 0.1% at $2,019.00.
Silver traded down 1.2% to $24.135 on Friday while copper rose 0.5% to $3.7290.
&nbsp; 
<h3>Euro zone</h3>

European shares closed higher today. The eurozone&rsquo;s STOXX 600 gained 0.40%, London&rsquo;s FTSE 100 rose 0.31% while Spain&rsquo;s IBEX 35 Index rose 0.56% The German DAX rose 0.50%, French CAC 40 rose 0.45% and Italy&rsquo;s FTSE MIB Index rose 0.92%.
Spain&#39;s annual consumer price inflation increased to 4.1% in April from 3.3% in the previous month, while annual inflation rate in France increased to 5.9% in April from 5.7% in the prior month.
The UK economy grew 0.2% year-over-year during the first quarter, recording the smallest annual expansion since 2021. Industrial production in the UK rose 0.7% month-over-month in March, while trade deficit narrowed to &pound;2.86 billion in March versus a revised &pound;3.35 billion in the earlier month.
&nbsp; 
<h3>Asia Pacific Markets</h3>

Asian markets closed mixed on Friday, with Japan&rsquo;s Nikkei 225 gaining 0.90%, Hong Kong&rsquo;s Hang Seng Index dropping 0.59% and China&rsquo;s Shanghai Composite Index falling 1.12%. India&rsquo;s S&amp;P BSE Sensex rose 0.3%.
Hong Kong&rsquo;s economy expanded 2.7% year-over-year in the first quarter versus a revised 4.1% contraction in the earlier quarter. Annual inflation rate in India eased to 4.7% in April from 5.7% in March.
&nbsp; 
<h3>Economics</h3>
<ul>
<li>U.S.&nbsp;export prices increased by 0.2% from a month ago in April, while import prices rose 0.4% month-over-month in April.</li>
<li>The University of Michigan consumer sentiment dropped to a six-month low level of 57.7 in May from 63.5 in the prior month.</li>
<li>The total number of active U.S. oil rigs fell by 2 to 586 rigs this week, Baker Hughes Inc reported.</li>
</ul>

Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/05/32365384/over-5m-bet-on-this-communication-services-stock-check-out-these-3-penny-stocks-insiders"> Over $5M Bet On This Communication Services Stock? Check Out These 3 Penny Stocks Insiders Are Aggressively Buying</a>
&nbsp; 
<h3>COVID-19 Update</h3>

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 106,790,390 cases with around 1,162,690 deaths. India confirmed a total of at least 44,978,170 cases and 531,750 deaths, while France reported over 40,029,700 COVID-19 cases with 166,860 deaths. In total, there were at least 688,143,330 cases of COVID-19 worldwide with more than 6,873,530 deaths.

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>The following stocks are considered to be notable value stocks in the utilities sector:</h2>
<ol>
<li>Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) - P/E: 4.1</li>
<li>Suburban Propane Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPH#NYSE">SPH</a>) - P/E: 5.95</li>
<li>Kenon Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEN#NYSE">KEN</a>) - P/E: 4.66</li>
<li>NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) - P/E: 6.45</li>
<li>Companhia De Saneamento (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBS#NYSE">SBS</a>) - P/E: 9.72</li>
</ol>
This quarter, Pampa Energia experienced a decrease in earnings per share, which was $3.23 in Q3 and is now $2.05. Suburban Propane Partners has reported Q1 earnings per share at $0.71, which has increased by 182.56% compared to Q4, which was -0.86. The company's most recent dividend yield sits at 8.28%, which has increased by 0.31% from 7.97% last quarter. 
Most recently, Kenon Hldgs reported earnings per share at $-15.63, whereas in Q3 earnings per share sat at $4.65. NRG Energy's earnings per share for Q4 sits at $-4.56, whereas in Q3, they were at 0.29. Its most recent dividend yield is at 4.36%, which has decreased by 0.51% from 4.87% in the previous quarter.
Companhia De Saneamento has reported Q4 earnings per share at $0.18, which has decreased by 40.0% compared to Q3, which was 0.3. The company's most recent dividend yield sits at 1.83%, which has increased by 0.76% from 1.07% last quarter. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

Overview Of Value Stocks In The Utilities Sector

BBDO

BSBR

ITUB

VALE

Shares of several Brazilian stocks are trading higher after Brazil's Supreme Court granted an injunction that will allow the country to extend welfare payments for low-income Brazilians.

RAIN

RCEL

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REED

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RYAN

SANW

SGHT

SHCR

SIEN

SLVM

SMRT

SNCE

SOHO

SOUN

SPPI

SSIC

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STXS

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XMTR

XNET

XPOF

XWEL

YETI

ZVIA

Earnings Scheduled For November 10, 2022

MNTK

WTRG

Shares of companies in the broader utilities sector are trading higher amid overall market strength as stocks rebound following Friday's selloff after the UK's finance minister reversed the recently proposed tax cuts. A decline in Treasury yields has also helped lift stocks in the sector.

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) shares surged 637.6% to close at $2.01 on Monday after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>FedNat Holding Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnhc#NASDAQ">FNHC</a>) jumped 308.7% to close at $0.47 after dipping around 28% on Friday.</li>
<li>Oblong, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oblg#NASDAQ">OBLG</a>) gained 167% to settle at $0.40. Shares of several companies in the technology sector traded higher as stocks rebound following recent weakness.</li>
<li>FingerMotion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fngr#NASDAQ">FNGR</a>) shares rose 92.9% to close at $6.50 after the stock rose more than 80% Friday.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) gained 48.9% to close at $1.31 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.</li>
<li>Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) gained 44.2% to close at $2.38. FSI reported termination of merger with Lygos Inc.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares climbed 36.1% to close at $24.44 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
<li>Lottery.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltry#NASDAQ">LTRY</a>) gained 34% to settle at $0.3015.</li>
<li>Blue Star Foods Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bsfc#NASDAQ">BSFC</a>) jumped 32% to close at $0.8316. Blue Star Foods recently signed a one-year extension to its multi-year supply contract with Sysco Corp.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) climbed 29.5% to close at $9.30.</li>
<li>Engine Gaming and Media, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/game#NASDAQ">GAME</a>) gained 28.9% to close at $0.7262. Engine Gaming&#39;s Frankly Media and Aggregated Media announced a partnership.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) climbed 26.9% to close at $38.37 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Energy Vault Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrgv#NYSE">NRGV</a>) surged 23.1% to settle at $6.50.</li>
<li>MyMD Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mymd#NASDAQ">MYMD</a>) gained 22.6% to close at $3.20.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 22.4% to close at $11.15.</li>
<li>Snow Lake Resources Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/litm#NASDAQ">LITM</a>) surged 22.2% to close at $2.15.</li>
<li>F-star Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fstx#NASDAQ">FSTX</a>) rose 21.7% to settle at $6.23. F-star Therapeutics, in August, posted a Q2 loss of $0.88 per share.</li>
<li>Locafy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lcfy#NASDAQ">LCFY</a>) gained 20.5% to settle at $0.47.</li>
<li>Isoray, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/isr#NYSE">ISR</a>) jumped 20.4% to close at $0.2769. IsoRay recently announced it entered into a definitive agreement to acquire Viewpoint Molecular Targeting.</li>
<li>Century Aluminum Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cenx#NASDAQ">CENX</a>) gained 18.6% to close at $6.26. Shares of aluminum companies traded higher as the London Metal Exchange considers a potential ban on Russian commodities.</li>
<li>Aditxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adtx#NASDAQ">ADTX</a>) climbed 18.6% to close at $4.02.</li>
<li>Athersys, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/athx#NASDAQ">ATHX</a>) gained 18.4% to close at $2.19.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 18.3% to close at $47.81 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Immunovant, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imvt#NASDAQ">IMVT</a>) gained 18.1% to close at $6.59.</li>
<li>Gol Linhas A&eacute;reas Inteligentes S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gol#NYSE">GOL</a>) jumped 16.7% to close at $3.84 as Brazilian President Bolsonaro outperforms polls in the Brazilian runoff election.</li>
<li>Azul S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/azul#NYSE">AZUL</a>) gained 16.3% to close at $9.47 after the Brazilian election resulted in a runoff giving Bolsonaro a chance to maintain the presidency.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 15.7% to close at $11.25. Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Kiora Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kprx#NASDAQ">KPRX</a>) rose 15.6% to close at $7.11.</li>
<li>New Gold Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngd#NYSE">NGD</a>) gained 14.8% to close at $1.01. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.</li>
<li>BGC Partners, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bgcp#NASDAQ">BGCP</a>) rose 14.7% to close at $3.60. BGC Partners recently said it expects Q3 sales to be below the midpoint of the range it previously stated.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) rose 14.2% to close at $11.51.</li>
<li>QualTek Services Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtek#NASDAQ">QTEK</a>) gained 13.9% to close at $2.29.</li>
<li>Coeur Mining, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) gained 13.7% to close at $3.89.</li>
<li>Endeavour Silver Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/exk#NYSE">EXK</a>) gained 13.6% to close at $3.43.</li>
<li>Oceaneering International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oii#NYSE">OII</a>) jumped 12.9% to close at $8.99. Shares of oil-related stocks traded higher as oil rises amid reports suggesting OPEC+ is considering an oil production cut of 1 million barrels per day.</li>
<li>Color Star Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cscw#NASDAQ">CSCW</a>) gained 12.7% to close at $1.33.</li>
<li>Acorda Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acor#NASDAQ">ACOR</a>) gained 12.7% to close at $0.3370 after gaining 8% on Friday.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 12.6% to close at $13.90.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 11.1% to close at $37.39.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) jumped 10.6% to close at $3.0963. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).</li>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) gained 8.8% to close at $0.1850. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) gained 8.5% to close at $8.47.</li>
<li>Calithera Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cala#NASDAQ">CALA</a>) gained 8.2% to close at $3.18 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) gained 7.9% to close at $5.58. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a 1M barrel per day oil production cut.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) gained 7.3% to close at $2.73.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) gained 7% to settle at $19.39.</li>
<li>Kuke Music Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kuke#NYSE">KUKE</a>) gained 6.2% to close at $0.50.</li>
</ul>
&nbsp;
<h3>Losers</h3>
<ul>
<li>Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) fell 45.3% to close at $3.16 on Monday after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares fell 28.2% to close at $2.01 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>Nuwellis, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nuwe#NASDAQ">NUWE</a>) dipped 22.1% to settle at $0.4201 after the company announced results of the AVOID-HF clinical study analysis at the 2022 HFSA meeting, showing a &quot;statistically superior clinical benefit of Aquadex therapy in reducing heart failure events and mortality.&quot;</li>
<li>Timber Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NYSE">TMBR</a>) dropped 20.9% to close at $0.0949. Timber Pharmaceuticals reported a $1.3 million registered direct offering.</li>
<li>American Virtual Cloud Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avct#NASDAQ">AVCT</a>) fell 20.6% to close at $2.40. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.</li>
<li>Aura Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aura#NASDAQ">AURA</a>) fell 19.5% to close at $14.59. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.</li>
<li>Pharvaris N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phvs#NASDAQ">PHVS</a>) dropped 19.3% to close at $6.19.</li>
<li>Ecoark Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zest#NASDAQ">ZEST</a>) fell 19.2% to settle at $1.05.</li>
<li>GigaCloud Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gct#NASDAQ">GCT</a>) dropped 18.5% to close at $8.24. Aegis Capital initiated coverage on GigaCloud Tech with a Buy rating and announced a price target of $26.</li>
<li>Adamis Pharmaceuticals Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/admp#NASDAQ">ADMP</a>) dropped 16.8% to close at $0.1651. Adamis Pharmaceuticals announced a review of strategic alternatives.</li>
<li>FaZe Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/faze#NASDAQ">FAZE</a>) declined 15.8% to close at $8.15.</li>
<li>SHF Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>) fell 14.9% to close at $5.90 after dropping 20% on Friday.</li>
<li>Eve Holding, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/evex#NYSE">EVEX</a>) dropped 14.6% to settle at $7.89.</li>
<li>Belite Bio, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blte#NASDAQ">BLTE</a>) fell 14% to close at $29.10. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.</li>
<li>Takung Art Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tkat#NASDAQ">TKAT</a>) declined 13.8% to close at $0.8970.</li>
<li>Hippo Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hipo#NYSE">HIPO</a>) fell 12.8% to close at $16.16.</li>
<li>Waldencast plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wald#NASDAQ">WALD</a>) fell 12% to close at $8.80.</li>
<li>Apellis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apls#NASDAQ">APLS</a>) fell 10.6% to close at $61.04.</li>
<li>Tyra Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tyra#NASDAQ">TYRA</a>) fell 10.6% to close at $7.86.</li>
<li>Third Harmonic Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/thrd#NASDAQ">THRD</a>) dropped 10.4% to close at $17.00.</li>
<li>Kintara Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktra#NASDAQ">KTRA</a>) fell 10.3% to close at $0.0969. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ape#NYSE">APE</a>) fell 10% to close at $2.44.</li>
<li>mCloud Technologies Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcld#NASDAQ">MCLD</a>) dipped 9.3% to settle at $1.36.</li>
<li>Lilium N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lilm#NASDAQ">LILM</a>) dropped 9.2% to close at $2.07. Lilium recently announced partnership with GlobeAir.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares fell 8.6% to close at $242.40 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.</li>
<li>Lordstown Motors Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ride#NASDAQ">RIDE</a>) dropped 7.7% to settle at $1.69.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) fell 6.1% to close at $10.44.</li>
</ul>

Shares of Brazilian companies are trading higher as President Bolsonaro outperforms polls in the Brazilian runoff election.

<h3>Gainers</h3>
<ul>
<li>LogicBio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/logc#NASDAQ">LOGC</a>) gained 641% to $2.0207 after the company announced it will be acquired by AstraZeneca&#39;s subsidiary, Alexion, for $2.07 per share.</li>
<li>FedNat Holding Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnhc#NASDAQ">FNHC</a>) jumped 223% to $0.3725 after dipping around 28% on Friday.</li>
<li>FingerMotion, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fngr#NASDAQ">FNGR</a>) shares gained 63.3% to $5.50 after the stock rose more than 80% Friday.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) gained 47.1% to $14.83.</li>
<li>Myovant Sciences Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/myov#NYSE">MYOV</a>) shares gained 36% to $24.43 after the company received an acquisition offer from Sumitovant Biopharma and Sumitormo Pharma to acquire the company for $22.75 per share in cash.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) climbed 33% to $1.1701 after declining around 8% on Friday. Wearable Devices, last week, posted a 1H loss of $0.18 per share.</li>
<li>Color Star Technology Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cscw#NASDAQ">CSCW</a>) rose 32% to $1.56.</li>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Flexible Solutions International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsi#NYSE">FSI</a>) rose 25.7% to $2.0736. FSI reported termination of merger with Lygos Inc.</li>
<li>Bionomics Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bnox#NASDAQ">BNOX</a>) gained 24.4% to $7.79.</li>
<li>Anebulo Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aneb#NASDAQ">ANEB</a>) jumped 20.9% to $3.3861. Anebulo Pharmaceuticals recently announced interim data from the first two cohorts of Part B of its ongoing Phase 2 trial of ANEB-001 for acute cannabinoid intoxication (ACI).</li>
<li>Versus Systems Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vs#NASDAQ">VS</a>) gained 20.5% to $0.2254.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) rose 20.3% to $8.64.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 20.2% to $10.95.</li>
<li>Kuke Music Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kuke#NYSE">KUKE</a>) jumped 19.9% to $0.5645.</li>
<li>Tenax Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tenx#NASDAQ">TENX</a>) gained 19.4% to $0.2030. Tenax Therapeutics, last month, said it is evaluating alternative strategic paths.</li>
<li>Calithera Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cala#NASDAQ">CALA</a>) climbed 18.5% to $3.4876 after the company announced the FDA granted Fast Track designation for sapanisertib for the treatment of NRF2-mutated squamous lung cancer.</li>
<li>Acorda Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acor#NASDAQ">ACOR</a>) rose 16.7% to $0.3490 after gaining 8% on Friday.</li>
<li>QualTek Services Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qtek#NASDAQ">QTEK</a>) gained 16.3% to $2.33.</li>
<li>Freight Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frgt#NASDAQ">FRGT</a>) climbed 15.6% to $0.59.</li>
<li>New Gold Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngd#NYSE">NGD</a>) gained 14.5% to $1.0087. RBC Capital upgraded New Gold from Sector Perform to Outperform and raised the price target from $1 to $1.25.</li>
<li>LiveWire Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NYSE">LVWR</a>) surged 13.7% to $8.17.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Coeur Mining, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) gained 13.7% to $3.89.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 13% to $11.02 Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Atlis Motor Vehicles, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amv#NASDAQ">AMV</a>) rose 12.8% to $23.00 after dropping around 40% on Friday.</li>
<li>Mesoblast Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meso#NASDAQ">MESO</a>) jumped 12% to $2.85.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 11.9% to $13.81.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) fell 11.7% to $8.73.</li>
<li>Aditxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adtx#NASDAQ">ADTX</a>) gained 10% to $3.70.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) jumped 9.3% to $5.65. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 8.5% to $36.52.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) jumped 6% to $19.20.</li>
</ul>
<h3>
Losers</h3>
<ul>
<li>Blue Apron Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aprn#NYSE">APRN</a>) dropped 35% to $3.76 after the company announced an equity distribution agreement allowing the company to sell up to $15 million of stock.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) shares dipped 31.4% to $1.92 after the company released topline results from the Healey ALS Platform trial of CNM-Au8, an investigational gold nanocrystal suspension, in participants with amyotrophic lateral sclerosis (ALS).</li>
<li>American Virtual Cloud Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avct#NASDAQ">AVCT</a>) fell 31.2% to $2.0812. American Virtual Cloud Technologies, on Friday, announced the intent to effect a reverse stock split.</li>
<li>Timber Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tmbr#NYSE">TMBR</a>) fell 23.3% to $0.0920. Timber Pharmaceuticals reported a $1.3 million registered direct offering.</li>
<li>Belite Bio, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blte#NASDAQ">BLTE</a>) dropped 20.8% to $26.80. Belite Bio presented 12-month interim results of LBS-008 Phase 1b/2 study in adolescent Stargardt disease at the AAO Annual Meeting 2022.</li>
<li>Waldencast plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wald#NASDAQ">WALD</a>) dropped 15% to $8.50.</li>
<li>FaZe Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/faze#NASDAQ">FAZE</a>) declined 15% to $8.23.</li>
<li>SHF Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/shfs#NASDAQ">SHFS</a>) fell 14% to $5.96 after dropping 20% on Friday.</li>
<li>Takung Art Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tkat#NASDAQ">TKAT</a>) declined 14% to $0.8949.</li>
<li>Lilium N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lilm#NASDAQ">LILM</a>) dropped 12.9% to $1.9850. Lilium recently announced partnership with GlobeAir.</li>
<li>Apellis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apls#NASDAQ">APLS</a>) fell 12.1% to $60.03.</li>
<li>Aura Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aura#NASDAQ">AURA</a>) fell 11.7% to $16.00. Aura Biosciences announced interim Phase 2 data evaluating suprachoroidal administration of belzupacap sarotalocan for the first-line treatment of patients with early-stage choroidal melanoma presented at the AAO 2022.</li>
<li>Tyra Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tyra#NASDAQ">TYRA</a>) dropped 11.5% to $7.78.</li>
<li>Lion Group Holding Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lghl#NASDAQ">LGHL</a>) fell 11% to $0.89.</li>
<li>Hippo Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hipo#NYSE">HIPO</a>) declined 9.7% to $16.72.</li>
<li>Kintara Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktra#NASDAQ">KTRA</a>) dropped 8.2% to $0.0991. Maxim Group recently downgraded Kintara Therapeutics from Buy to Hold.</li>
<li>Remitly Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rely#NASDAQ">RELY</a>) dipped 7.8% to $10.25.</li>
<li>SAI.TECH Global Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sai#NASDAQ">SAI</a>) fell 7.3% to $3.0050 after jumping 43% on Friday.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares fell 7.2% to $246.09 after the company reported third-quarter vehicle deliveries below Wall Street expectations. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830.</li>
</ul>

Why Tesla Shares Are Trading Lower By Over 7%, Here Are 52 Stocks Moving In Monday's Mid-Day Session

U.S. stocks traded higher, with the Dow Jones gaining more than 500 points on Monday. Here are some big stocks recording gains in today&rsquo;s session.
<ul>
<li>Viasat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsat#NASDAQ">VSAT</a>) gained 27.3% to $38.47 after the company announced it entered into a definitive agreement to sell its Link 16 Tactical Data Links business to L3Harris Technologies for $1.96 billion.</li>
<li>Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo &ndash; SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>) gained 20.2% to $10.95.</li>
<li>InterDigital, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/idcc#NASDAQ">IDCC</a>) jumped 13.8% to $46.02 after the company raised its Q3 sales guidance and entered into a patent license agreement with a major technology company.</li>
<li>Vertiv Holdings Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vrt#NYSE">VRT</a>) jumped 13% to $11.02. Vertiv Holdings Co Chief Executive Officer Rob Johnson will retire from his position due to health reasons, effective December 31, 2022.</li>
<li>Ultrapar Participa&ccedil;&otilde;es S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ugp#NYSE">UGP</a>) gained 12.7% to $2.47.</li>
<li>Companhia Energ&eacute;tica de Minas Gerais (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cig#NYSE">CIG</a>) jumped 12.3% to $2.27. Shares of Brazilian companies traded higher after the Brazilian presidential election resulted in a runoff, giving Bolsonaro a chance to maintain the presidency.</li>
<li>Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbr#NYSE">PBR</a>) rose 11.9% to $13.81.</li>
<li>Cosan S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/csan#NYSE">CSAN</a>) gained 9.6% to $14.11.</li>
<li>Matador Resources Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mtdr#NYSE">MTDR</a>) rose 9.6% to $53.63. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Kosmos Energy Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kos#NYSE">KOS</a>) jumped 9.3% to $5.65. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>SM Energy Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sm#NYSE">SM</a>) gained 9% to $40.99. Shares of several oil stocks traded higher amid an increase in the price of oil as OPEC+ is rumored to be considering a ~1M barrel per day oil production cut.</li>
<li>Alcoa Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aa#NYSE">AA</a>) gained 8.5% to $36.52.</li>
<li>United States Steel Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>) jumped 6% to $19.20.</li>
</ul>

CSAN

MTDR

Viasat, Vertiv Holdings And Some Other Big Stocks Moving Higher On Monday

Shares of Brazilian companies are trading higher after the Brazilian presidential election resulted in a runoff, giving Bolsonaro a chance to maintain the presidency.

<h3>What are Value Stocks?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the utilities sector:</h2>
<ol>
<li>Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) - P/E: 2.97</li>
<li>Companhia De Saneamento (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBS#NYSE">SBS</a>) - P/E: 9.83</li>
<li>OGE Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OGE#NYSE">OGE</a>) - P/E: 7.33</li>
<li>UGI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>) - P/E: 5.49</li>
<li>NRG Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRG#NYSE">NRG</a>) - P/E: 2.25</li>
</ol>
Pampa Energia has reported Q1 earnings per share at $1.79, which has increased by 155.71% compared to Q4, which was 0.7. Companhia De Saneamento has reported Q1 earnings per share at $0.27, which has increased by 80.0% compared to Q4, which was 0.15. Its most recent dividend yield is at 1.83%, which has increased by 0.76% from 1.07% in the previous quarter.
OGE Energy has reported Q1 earnings per share at $1.39, which has increased by 414.81% compared to Q4, which was 0.27. Most recently, the company reported a dividend yield of 4.11%, which has decreased by 0.45% from last quarter's yield of 4.56%.
This quarter, UGI experienced an increase in earnings per share, which was $0.93 in Q1 and is now $1.91. Most recently, the company reported a dividend yield of 4.06%, which has increased by 1.05% from last quarter's yield of 3.01%.
NRG Energy has reported Q1 earnings per share at $7.17, which has increased by 512.07% compared to Q4, which was -1.74. The company's most recent dividend yield sits at 3.53%, which has decreased by 0.1% from 3.63% last quarter. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

5 Value Stocks In The Utilities Sector

<h3>The Meaning Behind Value Stocks</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching:</h2>
<ol>
<li>Smart Powerr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CREG#NASDAQ">CREG</a>) - P/E: 1.56</li>
<li>Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) - P/E: 2.97</li>
<li>Kenon Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEN#NYSE">KEN</a>) - P/E: 1.97</li>
<li>UGI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGI#NYSE">UGI</a>) - P/E: 5.66</li>
<li>Companhia De Saneamento (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBS#NYSE">SBS</a>) - P/E: 9.96</li>
</ol>
Smart Powerr has reported Q3 earnings per share at $-0.08, which has increased by 50.0% compared to Q2, which was -0.16. Pampa Energia's earnings per share for Q1 sits at $1.79, whereas in Q4, they were at 0.7. This quarter, Kenon Hldgs experienced an increase in earnings per share, which was $7.28 in Q4 and is now $11.86. This quarter, UGI experienced an increase in earnings per share, which was $0.93 in Q1 and is now $1.91. Most recently, the company reported a dividend yield of 4.06%, which has increased by 1.05% from last quarter's yield of 3.01%.
Companhia De Saneamento saw an increase in earnings per share from 0.15 in Q4 to $0.27 now. Its most recent dividend yield is at 1.83%, which has increased by 0.76% from 1.07% in the previous quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

CREG

U.S. stocks traded lower toward the end of trading following the release of weekly jobless claims data.
The Dow traded down 0.52% to 35,043.99 while the NASDAQ fell 0.22% to 14,410.57. The S&amp;P also fell, dropping, 0.38% to 4,585.08.
<a href="https://www.benzinga.com/news/22/03/26235798/alphabet-and-3-other-stocks-sold-by-insiders">Also check this: Alphabet And 3 Other Stocks Sold By Insiders </a>

Leading and Lagging Sectors

Utilities shares jumped by 0.5% on Wednesday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included Companhia de Saneamento B&aacute;sico do Estado de S&atilde;o Paulo - SABESP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sbs#NYSE">SBS</a>), up 5% and Companhia Energ&eacute;tica de Minas Gerais (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cig#NYSE">CIG</a>) up 4%.

In trading on Wednesday, financials shares fell 1.2%.

Top Headline

US initial jobless claims increased by 14 thousand to 202 thousand in the week ended March 26th. Analysts, meanwhile, were expecting a reading of 197 thousand.
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Equities Trading UP

Longeveron Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lgvn#NASDAQ">LGVN</a>) shares shot up 87% to $12.59 after the company announced the publication of results from a Phase 1 trial testing Lomecel-B on patients with mild Alzheimer&#39;s disease in Alzheimer&#39;s &amp; Dementia: The Journal of the Alzheimer&#39;s Association.

Shares of Creative Medical Technology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/celz#NASDAQ">CELZ</a>) got a boost, shooting 24% to $4.19 after the company announced it signed a Master Collaboration Agreement with the University of Miami to accelerate development of its ImmCelz Supercharged Autologous Immunotherapy Platform.

Icosavax, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/icvx#NASDAQ">ICVX</a>) shares were also up, gaining 25% to $6.67 following Q4 results.

Equities Trading DOWN
Rail Vision Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rvsn#NASDAQ">RVSN</a>) shares tumbled 33% to $2.7499 as the company priced its IPO at $4.13 per unit.

Shares of Clarus Therapeutics Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crxt#NASDAQ">CRXT</a>) were down 29% to $1.47 after the company reported Q4 earnings results.

Motorsport Games Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msgm#NASDAQ">MSGM</a>) was down, falling 34% to $1.35 after the company reported Q4 financial results. Canaccord Genuity and Benchmark downgraded the stock.

<a href="https://www.benzinga.com/trading-ideas/long-ideas/22/03/26236153/executives-buy-more-than-12m-of-3-stocks">Also check out: Executives Buy More Than $12M Of 3 Stocks </a>

Commodities
In commodity news, oil traded down 6.7% to $100.65, while gold traded up 0.4% to $1,947.10.

Silver traded down 0.3% Thursday to $25.04 while copper fell 0.4% to $4.73.
Euro zone
European shares closed lower today. The eurozone&rsquo;s STOXX 600 fell 0.94%, London&rsquo;s FTSE 100 fell 0.83%, while Spain&rsquo;s IBEX 35 Index fell 1.23%. The German DAX dropped 1.31%, French CAC 40 fell 1.21% and Italy&rsquo;s FTSE MIB Index fell 1.1%.
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Economics
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US initial jobless claims increased by 14 thousand to 202 thousand in the week ended March 26th. Analysts, meanwhile, were expecting a reading of 197 thousand.

Personal income rose 0.5% from a month ago in February, while personal spending rose 0.2% month-over-month. The personal consumption expenditure price index surged 6.4% year-over-year in February.
The Chicago PMI for March is scheduled for release at 9:45 a.m. ET. After a slower-than-expected reading of 56.3 in February, analysts expect the Chicago PMI rising slightly to 57.0 in March.

US natural-gas supplies climbed 26 billion cubic feet last week, the Energy Information Administration said.
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COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 81,686,620 cases with around 1,005,050 deaths. India confirmed a total of at least 43,023,210 cases and 521,130 deaths, while Brazil reported over 29,882,390 COVID-19 cases with 659,290 deaths. In total, there were at least 485,724,930 cases of COVID-19 worldwide with more than 6,158,100 deaths.

CELZ

CRXT

ICVX

LGVN

MSGM

RVSN

Mid-Afternoon Market Update: Dow Falls 180 Points; Creative Medical Technology Shares Spike Higher