StockCall.com Provides Stock Research on NRG Energy Inc., NiSource Inc., Northeast Utilities, Westar Energy Inc., and UGI Corp.
New York City, New York -- (June 06, 2013)
The U.S. utilities sector is expected to see a significant rise in capital spending over the next few years as they look to upgrade their existing infrastructure. Utilities are also under pressure to meet new environmental regulations. Meanwhile, companies in this space will be hoping for a return to normal weather pattern this year as an unusually warm winter last year had a major impact on companies’ financial performance. On Wednesday, June 5, 2013, shares in the utilities sector ended mostly lower as the broad market tumbled amid concerns over the longevity of Federal Reserve’s bond buying program. The major movers within the sector were NRG Energy Inc. (NYSE: NRG), NiSource Inc. (NYSE: NI), Northeast Utilities System (NYSE: NU), Westar Energy Inc. (NYSE: WR), and UGI Corp. (NYSE: UGI). StockCall free coverage on NRG, NI, NU, WR, and UGI is available upon registration at
Shares in NRG Energy Inc. ended slightly lower on Wednesday, closing at $25.24; that is down 0.20% from its previous closing price. The company saw a total of 3.01 million shares traded between $24.93 and $25.30 during the session. Shares have fallen 1.1% so far this week. However, despite the losses registered during that time period, the stock is still up 10.70% so far in 2013. Download the free technical research on NRG by signing up at
www.StockCall.com/NRG060613.pdf
NiSource Inc.’s stock moved lower yesterday, June 05, 2013, thus extending its losses for the week. The company’s shares ended the day 0.99% lower at $27.99 with its day’s trading range varying between $27.96 and $28.23. Volume was well below its daily average volume of 2.44 million, as it registered 1.41 million instead. Shares of NI have fallen nearly 2.60% so far this week. Register now and get access to the free analysis on NI at
www.StockCall.com/NI060613.pdf
Shares in Northeast Utilities System slipped on Wednesday, tracking losses in the broader market. The company’s shares hit an intraday low of $41.03 before finishing the day 0.84% lower at $41.19. A total of 1.13 million shares have been exchanged throughout the session, whilst NU’s daily average volume currently stands at 1.36 million. Shares of the diversified utilities company have fallen 1.15% so far this week. Additionally, the stock is trading 9% below its 52-week high. Sign up and read the complimentary report on NU at
www.StockCall.com/NU060613.pdf
Westar Energy Inc.’s stock slipped 0.48%, closing at $30.81, on Wednesday. It extended its losses for the week to nearly 2.90%. A total of 874,202 shares exchanged hands, which is slightly above the daily average volume of 830,626. In the last month, the stock fell 9.20%; however, despite the losses, it is still up nearly 8.80% since the start of 2013. The free report on WR can be downloaded by signing up now at
www.StockCall.com/WR060613.pdf
Shares in UGI Corp. also slipped on Wednesday, closing 0.79% lower at $37.69 after trading between $37.62 and $38. It saw volume of 787,073 shares at the end of yesterday’s session which is slightly below the daily average volume of 714,602. Shares of the company have fallen over 1.30% so far this week, and it they have recently slipped below their 50-day moving average. The stock is still trading well above its 200-day moving average. So far this year, UGI’s shares have grown over 16%, outperforming the S&P 500. Free report on UGI can be accessed by registering at
www.StockCall.com/UGI060613.pdf
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