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Electric Utilities Stocks Under Scanner -- Southern, AES Corp., PPL Corp., and Companhia Energetica de Minas GeraisNEW YORK, October 28, 2016 /PRNewswire/ -- On Thursday, October 27, 2016, the NASDAQ Composite ended the trading session at 5,215.97, down 0.65%; the Dow Jones Industrial Average edged 0.16% lower, to finish at 18,169.68; and the S&P 500 closed at 2,133.04, down 0.30%. This morning, Stock-Callers.com has initiated reports coverage on the following Electric Utilities equities: Southern Company (NYSE: SO), The AES Corporation (NYSE: AES), PPL Corporation (NYSE: PPL), and Companhia Energetica de Minas Gerais S.A. (NYSE: CIG). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration Southern Company Atlanta, Georgia headquartered Southern Co.'s stock finished Thursday's session 0.41% lower at $50.76 with a total volume of 4.78 million shares traded. Shares of Southern, which together with its subsidiaries, engages in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi, have gained 17.14% in the past one year. The Company's shares are trading above its 200-day moving average by 1.48%. Shares of the Company traded at a PE ratio of 20.17. Southern's stock has a Relative Strength Index (RSI) of 49.28. Sign up and read the free research report on SO at: http://stock-callers.com/registration/?symbol=SO
Arlington, Virginia headquartered The AES Corp.'s stock declined 1.50%, to close the day at $11.82. The stock recorded a trading volume of 4.58 million shares. Shares of AES Corp., which owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries, have advanced 10.61% in the past one year. The Company's shares are trading 4.90% above its 200-day moving average. Additionally, the stock traded at a PE ratio of 64.24 and has an RSI of 43.70. On October 4th, 2016, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight'. The research firm also revised downwards its previous target price from $14 to $12. The complimentary research report on AES can be downloaded at: http://stock-callers.com/registration/?symbol=AES PPL Corp. On Thursday, shares in Allentown, Pennsylvania headquartered PPL Corp. ended the session 0.47% lower at $33.68 with a total volume of 3.85 million shares traded. PPL Corp.'s shares have advanced 5.15% n the past one year. The stock is trading 1.43% below its 50-day moving average and 5.83% below its 200-day moving average. Shares of the Company traded at a PE ratio of 12.93. Moreover, shares of the Company, which delivers electricity and natural gas in the US and the UK, have an RSI of 51.30. Register for free on Stock-Callers.com and access the latest report on PPL at: http://stock-callers.com/registration/?symbol=PPL
On Thursday, shares in Belo Horizonte, Brazil headquartered Companhia Energetica de Minas Gerais S.A. recorded a trading volume of 3.11 million shares. The stock ended the day 1.38% higher at $2.94. Shares of the Company traded at a PE ratio of 17.09. Companhia Energetica de Minas Gerais S.A.'s stock has gained 6.52% in the last one month, 6.14% in the previous three months, and 69.55% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 7.73% and 40.21%, respectively. Furthermore, shares of the company, which through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil, have an RSI of 64.67. Get free access to your research report on CIG at: http://stock-callers.com/registration/?symbol=CIG -- Stock Callers: Stock Callers (SC) 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. SC 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. SC 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 [email protected]. 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 SC. SC 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 SC, 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. SC, 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, SC, 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 SC 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://stock-callers.com/legal-disclaimer/
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