What's Happening With These Utilities Stocks? — ALLETE, Avista, Cosan, and Eversource Energy

April 23, 2018

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NEW YORK, April 23, 2018 /PRNewswire/ —

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on ALE, AVA, CZZ, and ES which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com redirects investors’ attention to the Diversified Utilities industry, which consists of companies that provide consumers and businesses with electricity, natural gas, and water. Most of these companies are government-sanctioned monopolies. They operate without competition in their main service areas. In this morning’s lineup are these four stocks: ALLETE Inc. (NYSE: ALE), Avista Corp. (NYSE: AVA), Cosan Ltd (NYSE: CZZ), and Eversource Energy (NYSE: ES). All you have to do is sign up today for this free limited time offer by clicking the link below.



Duluth, Minnesota headquartered ALLETE Inc.’s shares finished Friday’s session 0.83% lower at $73.10. A total volume of 145,774 shares was traded. The stock has gained 2.58% in the last month, 1.56% over the previous three months, and 5.71% over the past year. The Company’s shares are trading above their 50-day moving average by 4.17%. Moreover, shares of ALLETE, which operates as an energy company, have a Relative Strength Index (RSI) of 61.19.  

On April 04th, 2018, ALLETE announced that it will report its Q1 2018 financial results before the stock markets open on May 02nd, 2018. Following the release, Chairman, CEO, and President Alan R. Hodnik; Senior Vice President and CFO Robert J. Adams; and Vice President, Controller and Chief Accounting Officer Steven W. Morris will present an overview of results and discuss other factors affecting performance during a conference call beginning at 10:00 a.m. ET. Get the full research report on ALE for free by clicking below at: www.wallstequities.com/registration/?symbol=ALE


Shares in Spokane, Washington headquartered Avista Corp. ended the day 0.17% lower at $51.92 with a total trading volume of 184,434 shares. The stock has advanced 0.60% in the last month, 0.84% in the previous three months, and 30.03% over the past year. The Company’s shares are trading 2.90% and 2.02% above their 50-day and 200-day moving averages, respectively. Moreover, shares of Avista, which operates as an electric and natural gas utility company, have an RSI of 57.86.  

On April 03rd, 2018, Avista announced that it will be bringing a new renewable solar energy project to its large commercial and industrial electric customers in Washington. The Solar Select program is powered by 28 Megawatts DC of renewable solar energy, making this array 25 times larger than the current largest array in the state. Today’s complimentary research report on AVA is accessible at: www.wallstequities.com/registration/?symbol=AVA


Sao Paulo, Brazil-based Cosan Ltd’s stock dropped 2.50%, closing the session at $10.13. A total volume of 1.07 million shares was traded, which was above their three months average volume of 1.05 million shares. The Company’s shares have gained 26.94% over the past year. The stock is trading 9.51% above its 200-day moving average. Additionally, shares of Cosan, which together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally, have an RSI of 39.03. Register now for your free research document on CZZ at: www.wallstequities.com/registration/?symbol=CZZ

Eversource Energy

On Friday, shares in Springfield, Massachusetts-based Eversource Energy finished the session 1.07% lower at $59.22. A total volume of 1.46 million shares was traded. The stock has gained 3.06% in the last month. The Company’s shares are trading above their 50-day moving average by 1.92%. Moreover, shares of Eversource Energy, which engages in the energy delivery business, have an RSI of 52.68.  

On April 19th, 2018, Eversource Energy (ES) announced that on April 05th, 2018, it made a proposal to acquire all the outstanding shares of Connecticut Water Service, Inc. (CTWS) for $63.50 per share in cash and/or in ES common shares at the election of CTWS shareholders. ES believes its proposal is a superior alternative to the all-stock transaction proposed in SJW Group’s agreement, announced March 15th, 2018, to acquire CTWS. Click on the link below and see our free report on ES at: www.wallstequities.com/registration/?symbol=ES

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Category: Precious Metals