Before the Bell Scans: American Electric Power Co. Inc., PG&E Corp., Northeast Utilities, and Cosan Ltd
LONDON, September 18, 2013 /PRNewswire via COMTEX/ --
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The U.S. equity market posted gains on Tuesday, September 17, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.42%, 0.23% and 0.75%, respectively. Shares in the utilities sector mostly ended on a higher note, tracking gains in the broader market. The major movers in the sector included American Electric Power Company Inc. (NYSE: AEP), PG&E Corporation (NYSE: PCG), Northeast Utilities (NYSE: NU), and Cosan Ltd. (NYSE: CZZ). All these companies are tracked by AAAResearchReports.com. Free technical research on AEP, PCG, NU, and CZZ can be downloaded upon signing up at:
Shares in American Electric Power Co. Inc. advanced on Tuesday, extending the gains from the previous trading session. The company's shares ended the day at $43.20, which is 0.89% higher than the previous day's price of $42.82. The company's stock oscillated between $42.78 and $43.23 during the trading session. A total of 2.61 million shares were traded, which is below the daily average volume of 3.37 million. The company's shares have gained 3.05% in the previous three trading sessions, outperforming the S&P 500 which has advanced 1.27% during the same period. However, American Electric Power Co. Inc.'s stock is trading below its 50-day and 200-day moving averages of $44.59 and $45.81, respectively. Sign up today to read free research report on AEP at:
PG&E Corp.'s stock edged higher on Tuesday, tracking gains in the broader market. The company's shares closed the day 0.17% higher at $41.07 after oscillating between $40.94 and $41.28. A total of 2.51 million shares were traded, which is less than the daily average volume of 2.83 million. PG&E Corp.'s shares have advanced 0.76% in the previous three trading sessions, compared to a gain of 1.27% in the S&P 500 during the same period. Further, the company's stock is currently trading below its 50-day and 200-day averages of $43.73 and $43.79, respectively. Register to download free technical analysis on PCG at:
On Tuesday, shares in Northeast Utilities advanced to close at $40.52, up 0.30% from the previous day's closing price of $40.40. The company's shares oscillated between $40.29 and $40.63 during the trading session. A total of 0.98 million shares were traded, which is below the daily average volume of 1.59 million. The company's shares have gained 1.07% in the previous three trading sessions, underperforming the S&P 500 which has gained 1.27% during the same period. Additionally, shares in Northeast Utilities are trading below their 50-day and 200-day moving averages of $42.57 and $41.92, respectively. A free report on NU can be accessed by registering at:
Cosan Ltd's stock fell sharply by 1.14% on Tuesday, even as the broader market ended higher. The company's shares vacillated between $14.61 and $15.00 before finishing the day at $14.77. A total of 1.15 million shares were traded, which is above the daily average volume of 1.09 million. Despite Tuesday's pullback, Cosan Ltd's shares have advanced 6.34% in the last one month, outperforming the S&P 500 which has gained 2.96% during the same period. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $14.99 and $17.84, respectively. Register with AAA Research Reports and download the research on CZZ for free at:
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