Pre-Market Technical Recap on Electric Utilities Stocks — Dynegy, Edison, Enel Americas, and Ameren – PR Newswire (press release)

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NEW YORK, November 3, 2017 /PRNewswire/ —

If you want a Stock Review on DYN, EIX, ENIA, or AEE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. A major provider of energy in most countries, the Electric Utilities industry (often a public utility) is engaged in electricity generation and distribution for sale generally in a regulated market. For today, DailyStockTracker.com presents for assessment four equities in this space: Dynegy Inc. (NYSE: DYN), Edison International (NYSE: EIX), Enel Americas S.A. (NYSE: ENIA), and Ameren Corp. (NYSE: AEE). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

Dynegy 

Houston, Texas headquartered Dynegy Inc.’s shares saw a slight decline of 0.73%, finishing Thursday’s trading session at $12.25. A total volume of 8.39 million shares was traded, which was higher than their three months average volume of 4.44 million shares. In the last month and the previous three months, the stock has advanced 31.72% and 44.29%, respectively. Additionally, the Company’s shares have surged 44.80% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 26.08% and 44.21%, respectively. Moreover, shares of Dynegy, which through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the US, have a Relative Strength Index (RSI) of 78.69.

On October 27th, 2017, research firm SunTrust downgraded the Company’s stock rating from ‘Buy’ to ‘Hold’.

On November 01st, 2017, Dynegy announced its Q3 2017 financial results. Operating revenues for Q3 2017 were $1.4 billion, net loss was $133 million, and consolidated adjusted EBITDA was $397 million. As of September 30th, 2017, the Company’s total available liquidity was approximately $1.6 billion. Free research report on DYN is available at:

http://dailystocktracker.com/registration/?symbol=DYN

Edison International 

On Thursday, shares in Rosemead, California-based Edison International recorded a trading volume of 1.85 million shares, which was above their three months average volume of 1.76 million shares. The stock ended the session 0.01% lower at $79.07. The Company’s shares have gained 1.57% in the last one month and 9.83% on an YTD basis. The stock is trading 0.41% above its 200-day moving average. Furthermore, shares of Edison have an RSI of 50.86.

On October 24th, 2017, research firm Bank of America/ Merrill resumed its ‘Buy’ rating on the Company’s stock, with a target price of $86 per share.

On October 31st, 2017, Southern California Edison (SCE), an Edison International company, proposed an integrated strategic framework for the state of California to meet its ambitious climate and air quality goals. SCE describes its Clean Power and Electrification Pathway in a white paper released that day. The approach builds upon existing state programs by identifying cost-effective actions to increase clean energy in the electric system and to leverage that clean electricity in the transportation and building sectors to achieve needed emissions reductions. The complimentary research report on EIX can be downloaded at:

http://dailystocktracker.com/registration/?symbol=EIX

Enel Americas 

Shares in Santiago, Chile headquartered Enel Americas S.A. closed at $10.75, climbing 1.03% from the last trading session. The stock recorded a trading volume of 640,267 shares. The Company’s shares have gained 0.75% in the last one month, 9.69% over the previous three months, and 30.94% since the start of this year. The stock is trading 2.18% and 7.52% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Enel Americas, which through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina, Brazil, Colombia, and Peru, have an RSI of 55.90. Visit DailyStockTracker.com today and access our complete research report on ENIA at:

http://dailystocktracker.com/registration/?symbol=ENIA

Ameren 

St. Louis, Missouri headquartered Ameren Corp.’s stock ended 0.84% higher at $62.32. A total volume of 2.55 million shares was traded, which was above their three months average volume of 1.33 million shares. The Company’s shares have advanced 6.44% in the last one month, 8.38% over the previous three months, and 18.80% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.93% and 10.57%, respectively. Furthermore, shares of Ameren, which operates as a public utility holding company in the US, have an RSI of 67.94.

On October 13th, 2017, the board of directors of Ameren declared a quarterly cash dividend on the Company’s common stock of 45.75 cents per share, a 4% increase from the prior quarterly cash dividend of 44 cents per share, resulting in an annualized equivalent dividend rate of $1.83 per share. The previous annualized equivalent dividend rate was $1.76 per share. The common share dividend is payable on December 29th, 2017 to shareholders of record at the close of business on December 13th, 2017.

On October 24th, 2017, research firm Bank of America/ Merrill initiated a ‘Neutral’ rating on the Company’s stock, with a target price of $62 per share. Get free access to your research report on AEE at:

http://dailystocktracker.com/registration/?symbol=AEE

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